At a very good support level where bears are taking profit and bulls might be coming back.
Waiting for bulls to come in. I am sticking to the rule of entering above EMA 200 on weeklies and dailies.
RRR is at 1.2 (which gives me positive expectancy) , if the trade goes well, might be able to trail to 2.
Sitting on my hands....
I make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens.
You can see somethimes i use 2 - 3 levels because i dont know where the market will open.
when the market open i see witch levels are still valid if it gaps above or under my...