Its these spike reversals that probably turn big trends around more than anything else. I see merit in trying to hold on to that one.
I somewhat disagree with your stop placement though. You admit (and its obvious too) that we are heading into resistance. However the story does suggest potential willingness of price to push through 8500 which validates your idea to hold on to the trade a bit longer.
Question is are you really willing to hold on with a stop that tight, knowing that the resistance is strong...Ignored
Q to u..
would u consider yesterday's IB tradable?
a slightly fat IB though..not a small n compressed one
i was liking the story though PBT n CA 1.04..but managed to skip it.
i wuld prefer watching it.