$ARB long on the 4H: 0.139 is the line buyers have to hold.
Bounce attempt under the trend, so the stop does the work. I want a hold and a push off 0.139. Lose 0.135 and the idea's done.
On the chart:
• 4H at 0.139, below the EMA50 at 0.156, so this is a bounce under the trend
• 2.5% to the stop, 4.0% to TP3, that's 1.6R if TP3 gets there
• 1H RSI at 31, momentum has reset with room to bounce
🟢 LONG
Entry: 0.1386–0.1390
TP: 0.1409 / 0.1423 / 0.1444
SL: 0.1353
Hold 0.139 or flush to 0.135?
nfa · dyor
Bounce attempt under the trend, so the stop does the work. I want a hold and a push off 0.139. Lose 0.135 and the idea's done.
On the chart:
• 4H at 0.139, below the EMA50 at 0.156, so this is a bounce under the trend
• 2.5% to the stop, 4.0% to TP3, that's 1.6R if TP3 gets there
• 1H RSI at 31, momentum has reset with room to bounce
🟢 LONG
Entry: 0.1386–0.1390
TP: 0.1409 / 0.1423 / 0.1444
SL: 0.1353
Hold 0.139 or flush to 0.135?
nfa · dyor
