Tying into my previous idea, this has been such a weird pair to watch. Changed my directional bias once already, but it does look like there's upside at the moment. No immediate entry available. Ideally, I'd like to see price pullback and, at least, test some kind of low as that would generate a better planned R-multiple.
Note
Note: Ideas published represent my viewpoints on anticipated structural directional moves. I do not post trade parameters (i.e. entry, take profit, stop loss, alternative exit points, etc.) as actual execution may differ from the respective trade idea published. My trades evolve around my expectancy with certain planned R-multiple and win rate. Use at your own discretion.Note
Be alert of the daily pinbar, which is making it less appealing to go long on a pullback. Very dangerous as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.