For context watch the Related Idea video linked below.
This would be my idea for an agggresive re-entry into the trade for anyone that missed the first entry.
Price has now rejected the Quarterly level (Red line) and also broken below the purple support zone highlighted on the chart... as price retests this level as resistance now, we can expect that the bearish momentum should continue.
For this re-entry we have adjusted the stop loss to reflect the new Risk to Reward on offer.
This would be my idea for an agggresive re-entry into the trade for anyone that missed the first entry.
Price has now rejected the Quarterly level (Red line) and also broken below the purple support zone highlighted on the chart... as price retests this level as resistance now, we can expect that the bearish momentum should continue.
For this re-entry we have adjusted the stop loss to reflect the new Risk to Reward on offer.
