Long en $MON: Breakout of 20 candles with strong volume.
The 1h candle closed above 0.03192, the maximum of the previous 20 hours. Entry at 0.03239.
That candle moved 10 times the average volume of the prior hours.
Confirmations: OBV at highs, fully bullish Ichimoku, and an FVG in favor.
Initial stop at 0.03056 (−5.6%). No TP: use a trailing stop—the stop rises following the high, and the trade closes when price retraces back to it. If it hasn’t been touched in 14 days, I close anyway.
Not many setups work; that’s why each trade risks a little.
This is not financial advice—do your own research and adjust your risk.
$MON #trading #futuros
The 1h candle closed above 0.03192, the maximum of the previous 20 hours. Entry at 0.03239.
That candle moved 10 times the average volume of the prior hours.
Confirmations: OBV at highs, fully bullish Ichimoku, and an FVG in favor.
Initial stop at 0.03056 (−5.6%). No TP: use a trailing stop—the stop rises following the high, and the trade closes when price retraces back to it. If it hasn’t been touched in 14 days, I close anyway.
Not many setups work; that’s why each trade risks a little.
This is not financial advice—do your own research and adjust your risk.
$MON #trading #futuros