Still watching, no trade trigger yet, and still waiting.
A potential bottom base is forming here, but there’s still no reclaim or confirmation. Two entry triggers I’m watching:
A) The more risky option: higher odds of a stop-out but with a close invalidation, if we can reclaim the current broken lows.
If we make a much deeper low first, I'll re-assess, as it will either tell us we’re forming a base deeper, or give us a worse invalidation level, making the trade less clear or less worth it.
B) A reclaim of the blue above, in confluence with a trendline break.
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// $MET
Still watching, no trade trigger yet, and still waiting.
A potential bottom base is forming here, but there’s still no reclaim or confirmation. Two entry triggers I’m watching:
A) The more risky option: higher odds of a stop-out but with a close invalidation, if we can reclaim the current broken lows.
If we make a much deeper low first, I'll re-assess, as it will either tell us we’re forming a base deeper, or give us a worse invalidation level, making the trade less clear or less worth it.
B) A reclaim of the blue above, in confluence with a trendline break.