So. My question is : if you identify a strong level like 72 in this case and you catch a “falling knife”. Would you just close it for scalps ( that would be first drop to 67 in my case) or wait to see if pattern is forming ( like gold now is forming 1 h and 4 h) and hold it for lower. Scalps or long play for falling knife before setup is formed?
Timbeeeer & Kaboooom