$CAP reacted well after taking liquidity.
Aggressive selling is still showing up, and open interest is expanding with the move.
I would rather see a reaction around $0.06934–$0.06984 than chase the current candle. The setup is invalid if price cleanly crosses $0.06829.
Would you take the retest on $CAP, or wait for one more confirmation?
#CAP #Trading
Trade plan: LONG
Entry: $0.06934 - $0.06984
SL: $0.06829
TP1: $0.07139
TP2: $0.07269
TP3: $0.07399
Aggressive selling is still showing up, and open interest is expanding with the move.
I would rather see a reaction around $0.06934–$0.06984 than chase the current candle. The setup is invalid if price cleanly crosses $0.06829.
Would you take the retest on $CAP, or wait for one more confirmation?
#CAP #Trading
Trade plan: LONG
Entry: $0.06934 - $0.06984
SL: $0.06829
TP1: $0.07139
TP2: $0.07269
TP3: $0.07399
