That dump looks like exhaustion, not continuation
🍏 Taking a long trade on $US 📈
📍 Entry: 0.019500 to 0.020000
🎯 TP1: 0.024023
🎯 TP2: 0.028203
🎯 TP3: 0.032382
🛑 Stop Loss: 0.017500
Potential reward-to-risk: approximately 2R / 3.8R / 5.6R
Dumped from 0.0356 to 0.0198 in one move.
That's a full capitulation wick.
AVL at 0.0204 is just above — first level to reclaim.
No support was broken below 0.0177.
If 0.0204 flips back to support, next target is 0.0240.
Use 3x–4x leverage. A close below 0.0175 invalidates this long. Is this the bottom, or just a pause before the next leg down?
Trade here 👇🏽
#EarningsSeason
🍏 Taking a long trade on $US 📈
📍 Entry: 0.019500 to 0.020000
🎯 TP1: 0.024023
🎯 TP2: 0.028203
🎯 TP3: 0.032382
🛑 Stop Loss: 0.017500
Potential reward-to-risk: approximately 2R / 3.8R / 5.6R
Dumped from 0.0356 to 0.0198 in one move.
That's a full capitulation wick.
AVL at 0.0204 is just above — first level to reclaim.
No support was broken below 0.0177.
If 0.0204 flips back to support, next target is 0.0240.
Use 3x–4x leverage. A close below 0.0175 invalidates this long. Is this the bottom, or just a pause before the next leg down?
Trade here 👇🏽
#EarningsSeason
