Keeping it simple is key. Either wait for confirmation with a bullish engulfing on the 1 hour candle for an entry. Or enter off the support with a tight stop. 4-1 Risk reward - first profit target @ .3194 .
Remember never set a take profit! Only a stop loss . Never limit your gains .
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.