$DEGO support contact on the daily frame so I think there will be a bounce here.
On the h4 frame, the MACD RSIstock indicators also show signs of a temporary bottom. The h1 candle model also shows accumulation and diminishing downward momentum.
Running on the h4 frame then testing the 500 area.
Buying here with a 5% stop loss gives a R:R of 6:1 🤔🤔🤔
To activate the h1 frame for a better entry, make sure the stop loss is tight and small. Because a 5% stop loss is still a bit much for me.
On the h4 frame, the MACD RSIstock indicators also show signs of a temporary bottom. The h1 candle model also shows accumulation and diminishing downward momentum.
Running on the h4 frame then testing the 500 area.
Buying here with a 5% stop loss gives a R:R of 6:1 🤔🤔🤔
To activate the h1 frame for a better entry, make sure the stop loss is tight and small. Because a 5% stop loss is still a bit much for me.