Play the pullback!

We want to do a breakout pullback trade to the blue zone. The analysis is on the weekly. The blue zone was an important resistance zone which held since October only to be broken 2 weeks ago. Price will almost always come back to test a strong zone (blue zone).In order to get a good RR we however zoom into the H4 ,were we expect price to push up to the 147 zone and then continue with decline. So we put a sell limit order on H4 just under 147 to increase our RR.

Entry: 2 positions @ 146.950 (sell limit)
SL: 148.330
TP1: 144.110
TP2: 141.750

Risk Management is critical!