$FIL Following the plan, after trading in the range and an attempt to exit it, I see signs of a forming downward structure on the 30M timeframe.
The 1H candle closes with a rejection from the upper boundary of the range, and 4H candles are also closing within the range.
Together, all of this confirms a deviation for me.
Therefore, Iâm opening a short position with a size of 0.15%.
The stop-loss is set above the deviation at $3.725.
The first target is at the S/R level in the middle of the range at $3.555.
Full take-profit is set at the bottom of the range at $3.43.
