On occasion depending on other factors. One is extreme of the range on the daily and hourly. Slightly more so if at the bottom of the range for a long trade setup.
L at 1355.00
TGT 1365-1375....1400-1410 test
Adds at 62-64
stop 1342 flexible
We'll see if I can actually manage this trade longer than a week if needed.
fighting a trend and calling a bottom with a 5 or less point stop is a little rough. Especially in the middle of a sideways and downtrending chopfest.
Hope you are right gmst.