DislikedVantage,
Would you've sold that bearish shooting star 15min ago (5min)?
Looks like we're struggling with a wedge trend channel line. Or would you wait for the break of today's uptrend line around 5060ish to go short?
Cheers
ThomasIgnored
15 min shows 3 failures to break 5075 psych level/Asian high ending with a 15 min low close shooting star with little/no lower wick that you refer to. Normally I'd be very interested but I've had some nasty experiences in distant past with US session getting choped to bits in these ranges, expecting each move to be the one that breaks and you open your eyes and had 4 losing trades!!! Never again. I'll rather post here than go down that road again.