I’m looking at $TST 1 hours of the current timeframe; there’s currently a bit more activity. As long as the structure can hold and still form higher highs and higher lows, this rebound has a chance to continue.
However, from the daily chart, this rebound is still counter to the bearish structure. So I’ll wait for a clear turnaround on the lower timeframes, and I’ll also sweep the liquidity around nearby levels.
Chasing after price, killing trades in FOMO, or following news and momentum is all too easy to get turned into liquidity. I only trade when my quantified system signals trigger—no FOMO. I want to synchronize trades with my live account; check my profile.