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Reasons Not to Enter:
1. Strong bull momentum
2. No clear signs of reversal
3. Still expecting News
4. May be too easy of a trade, possible spike/breakout
5. Decent Support on the Weekly TF.
6. Pierced BB on Weekly.
There will be a possible short opportunity if price can satisfy the needs listed on the chart.
Let me know your thoughts.
1. Strong bull momentum
2. No clear signs of reversal
3. Still expecting News
4. May be too easy of a trade, possible spike/breakout
5. Decent Support on the Weekly TF.
6. Pierced BB on Weekly.
There will be a possible short opportunity if price can satisfy the needs listed on the chart.
Let me know your thoughts.
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