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| Hi Maydel,
For me, I am still looking for confirmation of the turn.. I have embedded in my mind the image of the weekly chart where we are struggling to maintain frequency....and your daily fork on the previous post showing similar. If price falls out of there, and through that overshoot, then likely we will get a larger correction...its a matter of time, its gonna happen. So, if and when I get confirmation of the turn in price, I will locate the stop positions available to me, determine Risk/Reward, and see if it fits in the plan...Then place orders. Just me though.... The preferable stop would be the structural stop below the lows, but sometimes, we can cheat up depending.... You? | |
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cole sibley....chart update
