worth a shot running stops below, should be choppy down ahead
expecting lower low, extending further with china market collapsing
risk around 10%, going for atleast 30% Avoid the trade if market open too far below
Worth a shot Avoid the trade if market open too far below
Price making HigherHigh and HigherLow Sentiment: Slight choppy with decent volatility Probability: Likely with high RRR Risk reward ratio: 1:~4-7+
Massive wicks below tells massive buyers to bounce price back up! Sentiment: Choppy with great volatility Probability: 50-50 with high RRR Risk reward ratio: 1:5-10
Sharp reversal after a dive tells the trend remain up Sentiment: Slight trendy and choppy with some momentum Probability: Likely Risk reward ratio: 1:4