The pullback inside it was about 32% of the move, which left 0.004305 as the inducement level. The fresh low at 0.004017 got rejected and price slipped over 0.004021 again, without going near 0.004305. In at 0.004059, out at 0.004017 if the fresh low goes, 0.004305 if the inducement gets taken. That works out to 1:5.86.
🔴 Short $AAOI : entry 119.65, stop loss 120.07, take profit 112.99 (1:15.86)
112.99 is the bottom of that 32% pullback and nobody has tested it since. It poked above 119.99 by just 0.1%, then closed back inside. 112.99 is still sitting there as the draw. In at 119.65, out at 120.07 if the fresh high goes, 112.99 if the inducement gets taken. That works out to 1:15.86. Not chasing if it runs away from the entry.
Looking back 2 days, RESOLV has pushed about 47%. This trade hangs on that swing. Price has now come all the way back to where that move began, around 0.01835. That origin is the area I wait for. 5 straight 1h closes around 0.01835. It is holding, so I take the trade. Stop 0.017479, target 0.020963. I'm risking 7.47% to go for about 1.47 times that.
After a 12% slide in 2 days, ZEST started to stall around the old low. Price then pushed 0.2% below the old low at 0.17708, printed a fresh low at 0.17676 and could not hold it. It is back over 0.17708 now. Stop 0.17676, target 0.18643. Risking 0.27% for roughly 19.57 times that.
🔴 Short $AVGO : entry zone 361.31, stop loss 364.20, tp 356.84 (1:1.55)
After a 5% leg down in 2 days, AVGO spent a long while drifting back up. It took a while, but price is back at the high that launched the move (362.36). It poked over 362.36 by about 3.3% of the move, grabbed the stops and got pushed right back down. The close back under 362.36 is what I wanted. Entry around 361.31, stop 364.20 (0.8% away), target 356.84. That is about 1:1.55.
Entry: 3.06 Stop loss: 3.0811 Take profit: 3.0207 R:R 1:1.86
It poked over 3.066 by about 4% of the move, grabbed the stops and got pushed right back down. The close back under 3.066 is what I wanted. Entry around 3.06, stop 3.0811 (0.69% away), target 3.0207. That is about 1:1.86. Small size, defined risk, and I move on if it fails.
The fresh high at 893.98 got rejected and price slipped under 890.70 again, without going near 837.63. In at 888.40, out at 893.98 if the fresh high goes, 837.63 if the inducement gets taken. That works out to 1:9.1. One setup, not a promise.
$PLAY long Entry 0.02851 Stop 0.026668 Target 0.032036
Price has been holding around 0.02801 for 6 1h candles in a row and keeps refusing to leave. That is the trigger. Stop 0.026668, target 0.032036. I'm risking 6.46% to go for about 1.91 times that. DYOR.
KITE had a 12% run spread over about 3 days, so there was a clear swing to work with. The wick through 0.14166 cleared the sell stops resting below it, then a candle body closed back above it. I don't enter on the wick, I wait for that close. In at 0.14222, out at 0.139964 if I'm wrong, 0.146748 if I'm right. Works out to roughly 1:2.01.
The pullback inside it was about 40% of the move, which left 0.0013008 as the inducement level. It poked above 0.0013427 by just 0.0%, then closed back inside. 0.0013008 is still sitting there as the draw. In at 0.0013365, out at 0.001343 if the fresh high goes, 0.0013008 if the inducement gets taken. That works out to 1:5.49.
🔴 Short $ALL : entry 0.6939, stop loss 0.6952, tp 0.6811 (1:9.85)
After a 6% rally in 3 days, ALL started to stall around the old high. The pullback inside it was about 35% of the move, which left 0.6811 as the inducement level. Breakout above the old high lasted a moment, only 0.0% beyond 0.695, and price is back inside the range. Taking the short from 0.6939, stop 0.6952 just beyond the fresh high, target 0.6811 where the inducement sits. About 1:9.85.
Long $AKE : entry 0.031576, stop 0.0063158, tp 0.063909 (1:1.28)
Over the last 3 days AKE climbed roughly 695% in one go. It stalled at 0.020714 for 6 candles, no rush to drop away from it, which tells me the level is being defended. Taking it from 0.031576 with the stop at 0.0063158 and the target at 0.063909, roughly 1.28R if it works.
🔴 Short $ENA : entry 0.24823, stop loss 0.258535, take profit 0.22762 (1:2)
Looking back 2 days, ENA has dropped about 19%. That is the leg this trade hangs on. Nothing fancy in the structure: 33% pullback, lower low, and a clean inducement sitting at 0.25224. It wicked over 0.25224 and the 1h candle closed back under it, so the stop run looks done. Aiming for 0.22762 and risking 0.258535. The math works out to 1:2 from 0.24823.
$BTC long 📈 📍 Buy 85,935.60 🛑 Stop loss 85,278.60 🎯 Target 87,249.60
After a 5% leg up in 4 days, BTC started giving some of it back. It wicked under 85,734.60 and the 1h candle closed back above it, so the stop run looks done. Risking about 0.76% to get to 87,249.60, so it pays 2R if the fresh high gets revisited. Size it so the stop doesn't hurt. One setup, not a promise.