$ONG Long setup
Entry: 0.08892
Stop loss: 0.0883
Target: 0.09262
The pullback inside it was about 38% of the move, which left 0.09262 as the inducement level. The fresh low at 0.0883 got rejected and price slipped over 0.08853 again, without going near 0.09262. Stop 0.0883, target 0.09262. Risking 0.7% for roughly 5.97 times that. Not chasing if it runs away from the entry.
DYOR.
Entry: 0.08892
Stop loss: 0.0883
Target: 0.09262
The pullback inside it was about 38% of the move, which left 0.09262 as the inducement level. The fresh low at 0.0883 got rejected and price slipped over 0.08853 again, without going near 0.09262. Stop 0.0883, target 0.09262. Risking 0.7% for roughly 5.97 times that. Not chasing if it runs away from the entry.
DYOR.
