Description
⋅ Expecting a retrace upward into the 786 after a three drive down. Small marketcap, and a long history to go with.
Premise:
1. Wait for a test of 283 and buy half
2. Reevaluate at bounce
3. Wait for the bearish divergence currently visible to play out
Execution:
1. 1:1:1 at 283, 275, 270
2. Target : 600
3. Stop : 260
Result:
1. A 13.87:1 RR trade is executed