Everyone's expecting a flush in $COW after that 39.85% pump, but I think it's coiled for a bigger move.
$COW - LONG
Entry: 0.1418 – 0.1550
SL: 0.1250
TP1: 0.1750
TP2: 0.2000
TP3: 0.2500
Why this setup?
* RSI on the 1H is 65, indicating we still have room to run
* ATR is expanding, showing increasing volatility and potential for a squeeze
* My bias confidence is high due to the 4H chart divergence and the reclaim of the $0.15 magnet
* The 15m chart is showing a bullish bias, worth watching for a potential breakout above $0.50 resistance.
Debate: Are you fading this move or riding it to reclaim the $0.50 level?
$COW
$COW - LONG
Entry: 0.1418 – 0.1550
SL: 0.1250
TP1: 0.1750
TP2: 0.2000
TP3: 0.2500
Why this setup?
* RSI on the 1H is 65, indicating we still have room to run
* ATR is expanding, showing increasing volatility and potential for a squeeze
* My bias confidence is high due to the 4H chart divergence and the reclaim of the $0.15 magnet
* The 15m chart is showing a bullish bias, worth watching for a potential breakout above $0.50 resistance.
Debate: Are you fading this move or riding it to reclaim the $0.50 level?
$COW