Current market structure, sell-side was taken with a displacement to the upside. Entering long after 8:30am on a return to a discount relative to the current trading range. Stop placement below 3903.25, targeting previous day high. Keeping the risk low because of non-farm payroll. Anything can happen!
Comment
⋅
Trade still stands unless previous days high is broken. Waiting to see what the 9:30am equities opening does.