why wouldn't You look for shorts? I'm trading smaller timeframes and today You were able to grab pips both ways. It was a nice day due to volatility.
First there's is a strong support level (lower red line). There's where You should be looking for long entries. As es-pip would said - "the higher it gets the riskier it is" smth like that. (section 1).
Then price went hundreds of pips up and wicked the gap which is strong resistance (supply) level. Then it created long ass wick on H1. You should be shorting there (section 2). No way to look for longer term (than scapling) long entries after such rejection.
The momentum from upside was in the wicks actually (if You think about the price action at tick charts).
Some of the lines are placed shitty but You know how to do it so it's not the important part.
Today because of the volatility even counter momentum moves were good to trade but that's not the point either
