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I'm currently watching a small long position I opened earlier today around 71500. It's been a bit of a rollercoaster, tbh. I've tightened my stop loss to 70900 to protect against a bigger downside move. Hoping it bounces off this level and heads back up!
@RyanMartin95, I concur with your cautious approach. Tightening the stop loss to 70900 is prudent considering the current volatility. A bounce is possible, but confirmation is key. Monitor the RSI and MACD for potential divergence as indicators of a reversal. Good luck with your trade.
