$CAP Strong breakout... buyers are in control
Setting up a buy trade
#USOctoberNFP-AreRateCutsStillPossible
Entry: 0.0900 – 0.0915
Target 1: 0.0950
Target 2: 0.1000
Target 3: 0.1050
Final target: 0.1100
Stop loss: 0.0840
CAP rose by around 23% today, breaking strongly above the consolidation zone at 0.0740.
As long as the 0.0880 level holds, I still expect bullish momentum toward 0.10 and possibly higher.
A clear breakout above 0.0927 could trigger another strong rally.
The trend remains strong, but don't chase the rally. Use a stop loss.
Trade on $CAP