$INIT short
Entry 0.11784
Stop level 0.11972
TP 0.11064
INIT added roughly 25% in 4 days, then the move ran out of steam. 0.11064 is the bottom of that 35% pullback and nobody has tested it since. It poked above 0.11876 by just 0.8%, then closed back inside. 0.11064 is still sitting there as the draw. In at 0.11784, out at 0.11972 if the fresh high goes, 0.11064 if the inducement gets taken. That works out to 1:3.83.
DYOR.
Entry 0.11784
Stop level 0.11972
TP 0.11064
INIT added roughly 25% in 4 days, then the move ran out of steam. 0.11064 is the bottom of that 35% pullback and nobody has tested it since. It poked above 0.11876 by just 0.8%, then closed back inside. 0.11064 is still sitting there as the draw. In at 0.11784, out at 0.11972 if the fresh high goes, 0.11064 if the inducement gets taken. That works out to 1:3.83.
DYOR.
