$ARX just spiked hard with a big green candle and StochRSI is sitting at 94 the move is clearly extended right now.
Momentum is strong, but buying at the top of this candle isn’t ideal. Better to wait for a pullback so the risk-reward improves.
Long on dips: $ARX
Entry: 0.158 – 0.164
SL: 0.148
TP1: 0.182
TP2: 0.195
If it holds above 0.148 on any dip, the uptrend stays intact.
Momentum is strong, but buying at the top of this candle isn’t ideal. Better to wait for a pullback so the risk-reward improves.
Long on dips: $ARX
Entry: 0.158 – 0.164
SL: 0.148
TP1: 0.182
TP2: 0.195
If it holds above 0.148 on any dip, the uptrend stays intact.
