I am going long here. We have a reversal candle on the daily, but no other confirmations. Risk reward is good, but this is a high risk trade, as we dont have the confirmations on our side. Capital management(low position size) is strongly recommended.
Comment:
a bit in profit off the expected up move. We can move stop loss to entry or slightly above in case this is a fake out rally.
Trade closed manually:
my stop got hit at entry. We'll look for lower entry points, or better confirmation