When doing the second leg recently, be sure to set a proper stop-loss. Do not hold the position through adverse moves. If you choose a direction in the near term, the second leg’s volatility will be relatively high.
On the smaller time frame, watch 1880 above for resistance, and 1820 below for support. If there is a breakout, then look toward 1980; if it breaks down, then look toward 1700.
Personally, I lean toward shorting at 1980 and going long at 1700. On the smaller time frame, the main support/resistance move has relatively limited space, so the trade-off value is low.
On the smaller time frame, watch 1880 above for resistance, and 1820 below for support. If there is a breakout, then look toward 1980; if it breaks down, then look toward 1700.
Personally, I lean toward shorting at 1980 and going long at 1700. On the smaller time frame, the main support/resistance move has relatively limited space, so the trade-off value is low.
