1. Where is price compared to the MA?
2. Where is price compared to the LO?
3. What is your bias due to the trend line drawing?
4. Have HC or LC been broken?
5. If you trade against your bias, what is the expectation for the trade?
6. If you trade with the bias, what is the expectation for the trade?
Based on how you answer questions like this, you should be able to decide for yourself.
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