Something's brewing, and I'm not sure if the market is ready for it.
$INJ - LONG🟢
Entry: 4.744
SL: 4.461
TP1: 4.8855
TP2: 5.027
TP3: 5.1685
⚠️ Move SL to Breakeven once TP1 is hit !!!
The 1H chart is flashing a warning sign, as the RSI is nearing overbought territory, suggesting a potential reversal in momentum.
This setup is looking promising due to the RSI's current level, which could indicate exhaustion and a subsequent move upwards for $INJ .
On the higher timeframe, the 1D chart reveals a bearish undertone, with the price trading below its EMA50, putting this LONG trade at a higher risk - a fact that warrants careful position sizing and stop management.
Do you think this $INJ trade has what it takes to challenge the current 1D bias?
Click here to Trade 👇
$INJ - LONG🟢
Entry: 4.744
SL: 4.461
TP1: 4.8855
TP2: 5.027
TP3: 5.1685
⚠️ Move SL to Breakeven once TP1 is hit !!!
The 1H chart is flashing a warning sign, as the RSI is nearing overbought territory, suggesting a potential reversal in momentum.
This setup is looking promising due to the RSI's current level, which could indicate exhaustion and a subsequent move upwards for $INJ .
On the higher timeframe, the 1D chart reveals a bearish undertone, with the price trading below its EMA50, putting this LONG trade at a higher risk - a fact that warrants careful position sizing and stop management.
Do you think this $INJ trade has what it takes to challenge the current 1D bias?
Click here to Trade 👇