Everyone's watching the $1.40 support on $AKE, but I think the real story is the impending breakout above $2.50.
$AKE - LONG
Entry: 1.4163 – 1.44
SL: 1.38
TP1: 1.60
TP2: 2.10
TP3: 2.50
Why this setup? I'm looking at the 4H RSI which is coiled at 55, the ATR is expanding, my bias confidence is 70% long, and there's a bullish divergence on the 15m timeframe.
Debate: Are you fading the breakout above $2.50 or riding the wave to new highs?
$AKE
$AKE - LONG
Entry: 1.4163 – 1.44
SL: 1.38
TP1: 1.60
TP2: 2.10
TP3: 2.50
Why this setup? I'm looking at the 4H RSI which is coiled at 55, the ATR is expanding, my bias confidence is 70% long, and there's a bullish divergence on the 15m timeframe.
Debate: Are you fading the breakout above $2.50 or riding the wave to new highs?
$AKE