Market conditions pretty sketchy but seem generally supportive. I'm longing band here with a tight sl of 2.095 and will monitor and probably take a couple stabs at entry if it draws differently. The RR is so good on this area that I'll be willing to loose a few tight trades to catch a break if it happens.
Just manage your risk. This market is so hard to read and trade. Be careful, protect your capital. No more than like 1/3 of a point risked on something like this so you can mess up a bit and just wait for something clearer if volume doesn't flood in.
Good luck.
Just manage your risk. This market is so hard to read and trade. Be careful, protect your capital. No more than like 1/3 of a point risked on something like this so you can mess up a bit and just wait for something clearer if volume doesn't flood in.
Good luck.
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PS this could totally fall apart. Not financial advice. It's like 30% success rate maybe but such high R:R it's worth a run to see if it forms.