Hi,
Actually I would have used the swing from 6513 - 6873 in the first instance. However note that G/U is not yet trending quite how we want it to so I would be very cautious trading it.
Remember we are watching the long term trend - 15/30 min candles can't be used to determine a change in the long term trend. I only watch higher highs, higher lows etc on a daily chart to help determine the trend.
Regards,
Dan
Actually I would have used the swing from 6513 - 6873 in the first instance. However note that G/U is not yet trending quite how we want it to so I would be very cautious trading it.
DislikedI'm currently long on it, looks like a reversal now , 15/30min candles are higher lows, higher highs. and we have a 4 HR pinIgnored
Regards,
Dan