When you say long term, what does that mean? Days, weeks, months?Ignored
"All the longer term TFs are pointing up....only 5 min down".
More accurately, I should have said that the 15 min and hourly were still pointing up, as I´m not really looking at any higher TFs for my shorter term trades.
Thus at present I would consider any shorts as contra trend and firstly trade less than half my normal position, with a tight stop and secondly not let any profit turn into a loss. Just my opinion. There are many others in this thread!
Trading Levels with Aggressive, Volatile Volume