today opened slightly above pivot, and still moves in the daily pivot area for today. The price movement looks to be consolidating and forming a triangle pattern, wait for the price to break out the pattern to open a position.
First option: -Open long positions if the price breaks up -TP1 at the first daily resistance -TP2 at the second daily resistance -SL on pivot or a few points below it -Wait for confirmation to open a position
Second Option: -Open short positions if the price breaks down the pattern -TP1 at the first daily support -TP2 at the second daily support -SL on pivot or a few points above it -Wait for confirmation to open a position