Waiting for a break down or break up on the hourly time frame, I am biased to to the downside since we are still in a downtrend on the higher time frames. Wait for a break and retest for entry. This is a very simple trade to manage risk on.
Happy Trading
-Nick
Happy Trading
-Nick
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.
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.