$ESP Long setup
Entry: 0.10122
Stop: 0.1008
Take profit: 0.10469
Big down move on ESP first: 11% in 2 days. Price then pushed 0.1% below the old low at 0.10086, printed a fresh low at 0.1008 and could not hold it. It is back over 0.10086 now. Taking the long from 0.10122, stop 0.1008 just beyond the fresh low, target 0.10469 where the inducement sits. About 1:8.26. Not chasing if it runs away from the entry.
Not financial advice.
Entry: 0.10122
Stop: 0.1008
Take profit: 0.10469
Big down move on ESP first: 11% in 2 days. Price then pushed 0.1% below the old low at 0.10086, printed a fresh low at 0.1008 and could not hold it. It is back over 0.10086 now. Taking the long from 0.10122, stop 0.1008 just beyond the fresh low, target 0.10469 where the inducement sits. About 1:8.26. Not chasing if it runs away from the entry.
Not financial advice.
