Reasons to enter:
1) Though we are in a long term bear trend but we are in a short term bull trend since 20 EMA is above 50 EMA
2) There is still large distance to Fib level 0.618. Can enter with 0.5%R position sizing
3) It is boring (just kidding, don't trade because you feel boring) :-)
Take profit: 10,929
Entry price: 9,880
Stop loss: 9,460
1) Though we are in a long term bear trend but we are in a short term bull trend since 20 EMA is above 50 EMA
2) There is still large distance to Fib level 0.618. Can enter with 0.5%R position sizing
3) It is boring (just kidding, don't trade because you feel boring) :-)
Take profit: 10,929
Entry price: 9,880
Stop loss: 9,460