Check the chart for notes. Put your stop slightly below the previous swing low (2). Target 80-90% of the Median Line (between 85 and 85.5; could go higher, but Median line is the first potential "exhaustion point" for a retracement or reversal if it doesn't accelerate through or consolidate above it).
Note: Lower risk reward is some times the trade off for having a favorable confirmation bar close behind your trade.
-Trade only with money you can afford to lose
-Always use a stop
-Be open to multiple scenarios
Note: Lower risk reward is some times the trade off for having a favorable confirmation bar close behind your trade.
-Trade only with money you can afford to lose
-Always use a stop
-Be open to multiple scenarios