Last long position obviously would have got stopped out. Here is second chance to try with this setup. Stop loss is even tighter now. Any bear move should stop you out - but that doesn't mean you shouldn't try. Low risk, high reward trade here.
Its okay to lose a few of these in a row. Pick yourself up and keep looking for setups imo.
Its okay to lose a few of these in a row. Pick yourself up and keep looking for setups imo.