I have a signal from a script that says to go long now. I don't really like this location because it's right at a POC.
I would like to buy at the gartley D point which is also at the value area low.
I'm going to buy a very small amount now because I want to test this script, but mainly I'm waiting for the D point to scale in a bit larger.
Stop is on the chart. Target is POC region, and I will definitely get out there because I think longer term there will be chances to buy at around $50.
I will be using close stops on this because it's a risky setup.