This position of the lower bound of the Neutral Zone was a little confusing here, but RES 1 must be traded and especially when it sets up like this.
The ideal entries here are:
- Reverse Broken Triangle long for BE
- sell at RES 1 for 5:1
- add to the
sellusing the yellow TL, possibly getting the first sell STE first
Scenario thinking gets me into the trade by thinking: if this touch of RES 1 is
a LHhere on the M1 and with respect to the session so far today then I need to increase risk on the short side so I’ll take the 3Min Bolli and a second chance entry.