1. See the price rejected the R1 zone twice previously making it an important zone and potentially for the price to pullback
2. Afterall need to wait for the confirmation on correction structure on smaller TF before decide to take Short or Long position
* Key is to wait for price action and correction structure to complete before taking any position
2. Afterall need to wait for the confirmation on correction structure on smaller TF before decide to take Short or Long position
* Key is to wait for price action and correction structure to complete before taking any position