$M is showing a strong bullish breakout after a long accumulation phase.
Price has exploded from below $1 and is now trading around $1.68. The next major test is the $1.80–$2.00 resistance zone. A clean breakout above $2.00 could open the next leg higher.
Long Setup
Entry: $1.50–$1.65
TP1: $1.80
TP2: $2.00
TP3: $2.40
TP4: $2.80
Final Target: $3.00–$3.50
SL: $1.20
As long as M holds above the $1.20–$1.50 FVG, the bullish structure remains intact.
Trade on $M
Price has exploded from below $1 and is now trading around $1.68. The next major test is the $1.80–$2.00 resistance zone. A clean breakout above $2.00 could open the next leg higher.
Long Setup
Entry: $1.50–$1.65
TP1: $1.80
TP2: $2.00
TP3: $2.40
TP4: $2.80
Final Target: $3.00–$3.50
SL: $1.20
As long as M holds above the $1.20–$1.50 FVG, the bullish structure remains intact.
Trade on $M
