116000 False breakout is very standard... The pin was directly pulled back.. Yesterday I waited all day for the false breakouts at 1120, 1140, and 1160. I didn't take the two true breakouts at 1120 and 1140, but finally pulled back here at 1160, creating a pattern where I can enter a short position.. After a 1000 point tp1, the next step is simply if it goes up, I will exit to break even, and if it goes down, I will continue to hold this short either intraday or as a trend.