looking to mitigate this trapped bear on the Daily
Trade attivo:
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this is my entry. after it denied the first time set a pending order. if go look at the 1 m it had a 100$ bullish candle i guess it didnt take my order the first time and ened up taking it just below my pending order.
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1h added the fib from the last higher Low to the Low it created. and rejected off the .786 fib where i was looking for entrys
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here was a possible re- entrys that couldve been taken. if fibbed from the high to the dip when it broke structure to the upside. and been waiting for a rejection off the Tenkan-sen/ Base line on the 1h cloud
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weekly outlook it could take 2 weeks but with how the market is volatile right now i wouldn't be surprised to see it next week. if bears will need to defend the 30200 zone.
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fibbed from low the last low before making new highs to the current high the weekly baseline/tenken sen will line up with the .5