$FOLKS The breakout is not confirmed yet. The retest is the interesting part.
LONG $FOLKS
Entry: 1.98-2.05
Trigger: Hold 1.98-2.05 + 1D close above 2.145
SL: 1.90
TP1: 2.375 | TP2: 2.807 | TP3: 3.141 conditional
R:R: 2.96R to TP1, 6.56R to TP2, 9.34R to TP3
Invalid below 1.90.
$FOLKS has reclaimed the EMA cluster and is now testing the 2.145 resistance. I would rather buy the retest than chase directly into resistance.
Would you wait for the 2.145 reclaim?
⇢ Click here to Trade 👇️
LONG $FOLKS
Entry: 1.98-2.05
Trigger: Hold 1.98-2.05 + 1D close above 2.145
SL: 1.90
TP1: 2.375 | TP2: 2.807 | TP3: 3.141 conditional
R:R: 2.96R to TP1, 6.56R to TP2, 9.34R to TP3
Invalid below 1.90.
$FOLKS has reclaimed the EMA cluster and is now testing the 2.145 resistance. I would rather buy the retest than chase directly into resistance.
Would you wait for the 2.145 reclaim?
⇢ Click here to Trade 👇️
