1) Location: In the 'sweet spot' of the RLZ 2) Indicator confirmation: a) MACD Divergence b) Willy crossed from an embedded state 3) Structure : Shooting star formation, watching for additional structure.
Lower risk to the top of previous high, for a 4:1 RR or better. A risk to the top of the RLZ is also reasonable for a potential 2.5 or RR
I welcome any feedback
Komen
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At lest partial profit to be taken at 38.2 & 50% Levels