Price action retraced the big drop from yesterday; overall 1000 hour momentum is still down. Price should breakout either way; more likely to upside due to recent oversold conditions.
Tight stop with a large RR on either way of the breakout; make sure there is confirmation that it is going to run.
Tight stop with a large RR on either way of the breakout; make sure there is confirmation that it is going to run.
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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.