This idea is based on a regular gap structure. And the stop is a hard stop. I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see. I'll close the position if I see an hourly close above entry.
Trade only your own ideas and manage your risk =) Thanks
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We might not see that stop run, so its active with 0.5R now :
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I'll keep my hard stop, but wiill try to close& flip to long it in dark green box :
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sorry but I'm not driving the price, just sharing my opinions. i flipped to long at breakaven, but again, It doesnt look good, so I changed my position to short again.
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here's the new chart :
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after a series of wild moves, here we're. I don't think the low of the week is in yet :