Everyone's watching the majors while $AVNT is breaking out above the $0.11 resistance level.
$AVNT - LONG
Entry: $0.1081 – $0.1095
SL: $0.1050
TP1: $0.1120
TP2: $0.1150
TP3: $0.1180
Why this setup?
* RSI on the 1H is 62, not overbought yet
* ATR is expanding, indicating volatility
* 15m chart showing a bullish bias with a high confidence level
* 4H chart divergence is resolved, we're coiled and armed for a squeeze.
Debate: Are you fading this breakout or riding the reclaim above $0.11?
$AVNT