🟢$RAY Futures long trade
RAY is still moving strongly, but in my opinion, entering at the peak isn’t suitable. It’s better to wait for the price to pull back to the 2.43–2.50 zone, then watch its reaction.
Entry: 2.43 – 2.50
TP1: 2.62
TP2: 2.75
TP3: 2.90
SL: 2.32
If the price holds the entry zone and starts forming a higher low, the likelihood of the upward move continuing remains good.
⚠️ A 1H candle close below 2.32 invalidates the trade.
Risk management is more important than the target, and I don’t recommend entering with a large position size after a strong move.
RAY is still moving strongly, but in my opinion, entering at the peak isn’t suitable. It’s better to wait for the price to pull back to the 2.43–2.50 zone, then watch its reaction.
Entry: 2.43 – 2.50
TP1: 2.62
TP2: 2.75
TP3: 2.90
SL: 2.32
If the price holds the entry zone and starts forming a higher low, the likelihood of the upward move continuing remains good.
⚠️ A 1H candle close below 2.32 invalidates the trade.
Risk management is more important than the target, and I don’t recommend entering with a large position size after a strong move.