Waiting for 2 confirming indicators, white Heiken Ashi, Fisher or DMISTO
Comments
timwest
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Nice and oversold! One way to get in is to look for the price range to contract (as opposed to waiting for a big rally first, as in the first two arrows) and then use that contracted range as the distance to your stop loss order. Just an idea.
HermanBrummer
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Interesting idea! Thanks Tim will definitely keep it in mind.