The reasons for this trade are based on the geometry and algebra in the image above
注释
I will be watching the next daily bar.
注释
the length of the next daily bar will show us how badly support is broken, and how likely price will continue
注释
Also, the momentum from today's bar, will carry over to tommorow. First Target is todays bar, Second Target is tommorows bar, Full Target is about 4 daily bars
交易开始
Also, note the today's daily bar low, it will be support for the next daily bar, and it will give a hint about how far price will extend.
交易开始
I moved the stop loss to break even plus a few pips, now we just wait