DislikedEJ H1 Frankfurt Open: {image} Any reason(s) not to take this setup?Ignored
Pro's - I don't see a strong D support area until 141-ish.
Cons - D has closed negative for the last two days with lower wicks (ON NORMAL CANDLES) and the move below Fri's low rejected. Asian session did not move lower and that's not a good sign. The lower high lower low flow is a mess and not probably what you'd like to see with Fris low around 142 close.
One of those trades where I'd either leave, or if taken grab partial profit at 142 moving stop on balance closer to BE, or wait for a 1hr lower high most likely heading into US session to confirm flow down.