Untitled

If you look at the MT, we do have commitment. The ST hasn't had a whole lot of momentum. It is a lazy slope on the ST. The 720 looks like it wants to bounce, but look at the support. It is looking like it is sitting right at support. So if you want to go with it, you have to keep these things in mind. MT gives you a good signal, the ST has a lazy slope. The 720 is not commitment but is poised to bounce. BUT the support of 0.9343 may give you some trouble.
Now imagine a different scenario: The MT with commitment just like it has right now. But imagine a much better S with good angle and separation. Then imagine the 720M red line past 3 o'clock. Then, as soon as the green line drops down, you have a very good entry (if all those things were in place, then you don't have to worry much about the 0.9343 support--it will get busted to shreds!). So, use your imagination and figure out what could improve. Then, decide if you want to wait for those parameters to set up before you go into the trade.