See confluence and most important price action..
Note
i am not taking this entry, if SL too tight you gonna SL, should set above nearest resistance , but as you can see it did moving downwards after price closed below s&r line
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.