I'm looking for breakout of inverse H/S with volume confirmation. I would enter the trade after successfull retest of breakout on smaller timeframes - 2 or 4h. I would take most of the profits just under the 200MA daily.
If price action would breakout and retest the 200MA daily i would look for possible reentry into the trade.
If price action would breakout and retest the 200MA daily i would look for possible reentry into the trade.