How to play today's test of Monthly/Daily support lost:
2/Because you're coming into a monthly first test of support lost, you should expect a large move.
3/Because there was significant momentum to the upside, and monthly level are notoriously bad at not being precise, you watch the intraday charts for an entry setup.
4/ 2nd test failure where it should have continued higher offers a tight R:R and support to the high gets lost quickly, making for a solid trade.
22R setup, with many other scalp possibilities.
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