12:02 (Beijing Time)
$GPS current price is 0.01394. Up 32.7% in the past 24 hours. Open interest increased by 29.6%. In the most recent 1 hour, open interest rose again by 15.2%. The 4-hour RSI is around 77.4. The trend is bullish, but don’t chase.
Reference plan:
Wait for the 1-hour close to be above 0.01415, then consider going long only after a pullback to 0.01370–0.01400 that does not break.
Stop loss: 0.01310
TP1: 0.01550
TP2: 0.01650
Assuming entry at 0.01385, the first target’s risk-reward ratio is about 2.2:1.
If 0.01415 is not broken, or if price breaks below 0.01310 first, the plan is invalid.
Manage risk per trade on your own.#合约观察 #trading plan
$GPS current price is 0.01394. Up 32.7% in the past 24 hours. Open interest increased by 29.6%. In the most recent 1 hour, open interest rose again by 15.2%. The 4-hour RSI is around 77.4. The trend is bullish, but don’t chase.
Reference plan:
Wait for the 1-hour close to be above 0.01415, then consider going long only after a pullback to 0.01370–0.01400 that does not break.
Stop loss: 0.01310
TP1: 0.01550
TP2: 0.01650
Assuming entry at 0.01385, the first target’s risk-reward ratio is about 2.2:1.
If 0.01415 is not broken, or if price breaks below 0.01310 first, the plan is invalid.
Manage risk per trade on your own.#合约观察 #trading plan