Have a few custom EMA indicators against the 4-hr that seem to predict with reasonable confidence weekly+ movements. Opened a long position this morning at 15.44. Stop loss down at 15.34, will take trailing stop profits at 15.70.
RSI and slow Stochastics dipped to significant lows last night. Historically when both dip that low on the 4-hr, retracement runs out .30 or more to the upside. Opened a long position at 15.33, will set a trailing stop/take-profit at 15.45 with a trail of .05. Stop-loss at 15.30 since the reversal historically is sharp with little-to-no retracement.