Here is a trade setup that we see possible. If looking to long, we suggest buying at the buy zone area which actually corresponds perfectly with our long term trade idea too. If looking to short, we can see the the risk reward ratio is great good if we have a small rally to test the bear pennant support line as shown above.
Since we are in a long term bull trend, we would suggest covering at the buy zone and taking it long.
Since we are in a long term bull trend, we would suggest covering at the buy zone and taking it long.