Excellant R:R trade now. We believe wave B has been formed and are now looking to trade wave C. Hourly pin bar is forming now and with stochastics crossing over in an oversold area, a push higher could be imminent...The move down has run out of steam it seems. Please wait for this hourly candle to close to confirm the presence of a pin bar. Money management is the secret to longevity in this game.
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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.