🟢 $REZ Long setup
Entry: 0.004059
Stop loss: 0.004017
TP: 0.004305
The pullback inside it was about 32% of the move, which left 0.004305 as the inducement level. The fresh low at 0.004017 got rejected and price slipped over 0.004021 again, without going near 0.004305. In at 0.004059, out at 0.004017 if the fresh low goes, 0.004305 if the inducement gets taken. That works out to 1:5.86.
Not financial advice.
Entry: 0.004059
Stop loss: 0.004017
TP: 0.004305
The pullback inside it was about 32% of the move, which left 0.004305 as the inducement level. The fresh low at 0.004017 got rejected and price slipped over 0.004021 again, without going near 0.004305. In at 0.004059, out at 0.004017 if the fresh low goes, 0.004305 if the inducement gets taken. That works out to 1:5.86.
Not financial advice.
