Today, price fell throughout the UK session and there was no clear 1hr Breakout.
The only 1hr Key Level available for use was the 1hr Micro Swing.
Moving down into the 5m Chart, there looks to be a Supply Area (shown by the red box) just below the 1hr Micro Wick.
It was around these areas that I would look for price to react.
As we approached the Supply Area we started to see some rejections. But the market is very choppy so I wanted some more confirmation.
Price eventually broke the 5m uptrend line with conviction and I entered short (shown by the red arrow).
Because the market is incredibly choppy today I have opted for a simple 1:1.
Unfortunately, price shot up and hit my Stop Loss.