Description
⋅ The Dax found support right where you would expect and gifted us with a higher low at the daily and weekly S1 pivots.
I have entered at 10405 with stops below 10315 and expecting a move to at least 10540 leaving the RR at about 1.5 which is ok for a scalp play.
There is also a longer term play which could be considered and is visible in the chart with self explanation.
Regards
Trade closed manually
⋅ Closed this scalp long and I am now short.
Dax fails to move above it's daily pivot update in new chart below.
Closed Trade Manually With No Loss Or Gain At Break Even.
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Comment
⋅ Dax Short From Above Chart In The Money
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