|Look this picture ,It is daily chart.It shows Highest high is1.03395 and low is .94137, 61% retracement is .9987||the trend is|
Now in 4 hrs chart.
we will go for SR at this time frame
|Its 4 hrs time frame We will look for Support and Resistance to find Pullback and retracement|
Now go for 1hr time frame ,It is the Holding time frame for trade.Price has brokern to Both MA, and gone down. So its time to sell with tight SL
|1 hr time frame|