Disliked{quote} Targets set to TP at top of 5M DS zone. 3334 set for 2 longs but I might re-evaluate. Shorts could be used for counter trend moves on the 5M timeframe.Ignored
Opened another long at 3210 and looking for higher. So 2 longs @ 3207 and 3210
The 5M presents a Black Hole Price target. Black Hole, because the Stoch did not COBB even though it appears Price has. It's relevant since it also is the top level of the DS Zone, which even though was momentarily cleared, wasn't done in a convincing manner. The price action suggests to me that alot of buyers wanted lower prices to get in the action and the sellers allowed that to happen.
A pip is only worth it if you know how much you risked to earn it