LONG $TRUMP
Entry: 2.468
SL: 2.150
TP1: 2.800
TP2: 3.100
TP3: 3.529
TRUMP moved up from the 1.40 zone to a peak of 3.60 with a surge in volume, then retraced to 2.40–2.50 and moved sideways here.
This down swing has not broken the structure yet—price is still above the old breakout zone. The SL is set below 2.150 because that is the bottom of the current accumulation zone; if this level is breached, the entire up swing will only be a bull trap and you need to exit.
Entry: 2.468
SL: 2.150
TP1: 2.800
TP2: 3.100
TP3: 3.529
TRUMP moved up from the 1.40 zone to a peak of 3.60 with a surge in volume, then retraced to 2.40–2.50 and moved sideways here.
This down swing has not broken the structure yet—price is still above the old breakout zone. The SL is set below 2.150 because that is the bottom of the current accumulation zone; if this level is breached, the entire up swing will only be a bull trap and you need to exit.
