DJ30 dipping into the ocean

Updated
150 pip SL. DJ30 is looking for a new floor again, it was consolidating around the last area. I have not looked for possible resistance areas. You could also take 300 pip exit 1 in here just to be safe...

Also the stop loss is small. A wiggle room of 300 pip is never too bad.

I like to use the hours when the markets are just slowing down, I think volatility will be higher when Asian session opens in about 40 min
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Divergence showing reversal into baerish

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Who took this trade and managed correctly had an exit 10 this morning.

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M5

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Parallel Channelzonetozone

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