Price is making lower lows in 4hr chart , with potential of price moving lower in daily chart also.

As per current setup , we would like to sell if price close below current short term support ( BS ) line in 4hr chart , upside resistance is noted as SL line , which we will also use as stoploss , means that if price closes above SL line then we will exit.

target profit levels are shown as tp1 and tp .

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For autotrading using daytrade ea

Open 4 hr chart in mt4 , draw trendlines as per chart and name them accordingly , apply EA . current setup will be auto traded if conditions are met.

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