Price is going through retracement towards the MPL for a possible "Kiss Good-bye" move on the MPL.
If price shows strong rejection on the MPL, this is a good opportunity to Long .
Here are two ideas how to handle this move if you have entered into a Long position earlier:
1. Close your position and keep some profits.
2. Hold on to your position and let it retrace.
I chose option 1 and can always jump in later once it finished the move.
Like they say, "You choose your own poison".
If price shows strong rejection on the MPL, this is a good opportunity to Long .
Here are two ideas how to handle this move if you have entered into a Long position earlier:
1. Close your position and keep some profits.
2. Hold on to your position and let it retrace.
I chose option 1 and can always jump in later once it finished the move.
Like they say, "You choose your own poison".