possible reversal
on the daily we have an almost textbook morning star reversal.I am set up to take it. my stop is placed, if it is hit ill look for another set up its all part of the game. win more than you lose. if it wins its a 3 to 1 set up. i placed stop buy on 30 min chart. stop is tight. Im planning on being out of the trade intraday
Note
the reason stop is tight because buy will be triggered in on whole number. .75400 which is acting as resistance. i think if triggered it will continue up. stop is just below next pivot on 30 min chart
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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.