Cycle 4 long and return to the means set up. Return to the means trade as defined in this setup is . Trend (the 50 SMA is up but price is below the trend on support of the 200 SMA) Trigger would be a KD hook or a K mini pattern ie mini divergence, double bottom , etc. ( yes we trade stochastic patterns) and a momentuem shift on th next higher TF.
SL would be 1 pip plus spread below the candle that created the hook or pattern. 1st Target would be the 50 SMA.
SL would be 1 pip plus spread below the candle that created the hook or pattern. 1st Target would be the 50 SMA.