Since I'm anticipating a pullback I am going to hedge short in to my long entry. Price could move below the previous lows before the rally to higher daily highs.
This way I'm covered in both sides of the market. I will watch this one closely and move stops to BE when it moves away form the entry, I still have a buy stop at 0.18 so I'm still bullish. This is just a scalp
This way I'm covered in both sides of the market. I will watch this one closely and move stops to BE when it moves away form the entry, I still have a buy stop at 0.18 so I'm still bullish. This is just a scalp
Note
Stopped out when price popped higher. Previous high was taken out but price looks to be weak above those highs. I'll sit aside for now, still watching 0.22 for a pivot lower. Wait and see
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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.