WARNING - It's Wednesday, so oil stocks report due at 15:30. Also PMI reports at 14:45

On the 1hr Chart, price has made a double-top along the same 1hr downtrend line show in the 17th August. So I'll be looking for shorts.

There is a clear support area, shown by the 2 bottom-most black lines, and so I need to be very mindful of rejections from here.

Clear selling over the past several hours and price is currently pulling back. The first two key area is the marked 1hr Micro Swing.

Moving down to the 5m chart and the current pullback looks textbook. Price reached the 1hr Micro SL Wick and produced a bearish engulfing bar which I used to enter.

Price continued down to the support area so I moved my SL to break even - price bounced and I'm out for break even.

This marked the end of my trading today (due to personal life commitments), but the markets still had some interesting activity...

Every Wednesday sees the EIA Crude Oil Stocks report. The markets can often be quiet leading up to this release, and it can cause some significant volatility when it's announced. We also had the PMI reports today, and these can really shift markets. The PMI reports were released at 14:45 BST, where the black arrow points to.

Price broke upwards out of the 3-week downtrend with conviction, presenting 3 aggressive* setups along the way.