Sector is trending up 1. the stock is making higher highs/lows 2. 200 MA is moving up 3. area of value is support around 200 MA 4. lower timeframe opposing trend is broken 5. now we wait for a nice pullback on a lower timeframe
6. then we'll wait for a price rejection stronger than ATR about 1.5 times 7. we'll check there is no opposing 10 or 20 MA ahead 8. then we enter risking 0.5% of your capital to the stop 9. set stop below the lows on the main timeframe