expecting small fall from the zone . look for confirmation inside zone in smaller tf.
- good for intraday trade - entry is strictly inside the zone - SL is day close above zone - for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers).
- don't trade , if u didn't get selling confirmation inside zone - if day close is above this zone , this pattern becomes invalid , ignore this pick