Price coming off nice inflection point of resistance turned to support
Choppy slow downtrend - looks to be a retracement against new uptrend
Enter on break of next swing high.
Track speed of the break with 20 SMA on 4HR chart
Take some profit where available ie. 1R
Goal is to catch weekly and month timeframe uptrend.
As trend develops add positions
Choppy slow downtrend - looks to be a retracement against new uptrend
Enter on break of next swing high.
Track speed of the break with 20 SMA on 4HR chart
Take some profit where available ie. 1R
Goal is to catch weekly and month timeframe uptrend.
As trend develops add positions