Hey, we have an excellent profit ratio on a well defined pivot. Upside is the entirety of the next bullrun, and the downside is 4%. Really no reason not to take this trade. If the pivot breaks, hey, cool, you can take the short to the 605 MA on the 4h chart instead with high probability as well!
@IMac318, I'm up 15% so far! Looking forward to this trade.
IMac318
⋅
@DadShark, Good luck! Last 2 times it bounced off the 605 4-hour band it rose about 80% and 40% before turning around. Could be a very profitable couple of days/weeks ahead.