Market's situation : Consolidation in heavy up trend - MN3 anchor candle. - MN3 strong bearish engulfing. - MN1 anchor candle. - W1 anchor candle. - D1 Stochastic failure swing pullback ready for down move.
Comment : - Look for break out/down of MN3 anchor candle. - Look for break out/down of MN1 anchor candle. - Look for break out/down of W1 anchor candle.
Entry : If W1 anchor candle is broken down, ONLY BELOW W1 anchor candle's low, sell on a daily basis (daytrade or scalp).
Swing trade is possible because of MN3 target.
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