Dislikedwhy the sell on ey there? its a strong resistance line and as far as i can see h1 tl has not been broken.Ignored
If you catch a trend on 1HR / 4HR and play each break of support / resistance clusters then you make big bucks...actually doing this on any time frame works. Obviously if the trend reverses or if you are wrong about the trend you get stopped out...but the key is getting the initial trend entry right then entering on further breaks is psychologically easy as you've already got open profit to play with.
When the markets are trending well intraday...trades like this have really helped my account...the bulk of my 100% gain weeks were due to P&V trading.
Not looking good this time...and it highlights that it can be aggressive as you can get some false 'breakouts' but as long as you are in good trend normally you are ok...could be false breakouts this time and pin bar forming on1HR...if so I'll get out of my trades.