$SPELL is getting interesting after that liquidity sweep.
The 1h/4h context still supports buyers, and open interest is expanding with the move.
I would rather see a reaction around $0.0001123–$0.0001132 than chase the current candle. The setup is invalid if price cleanly crosses $0.0001111.
Would you take the retest on $SPELL , or wait for one more confirmation?
#SPELL #Trading
Trade plan: LONG
Entry: $0.0001123 - $0.0001132
SL: $0.0001111
TP1: $0.0001161
TP2: $0.0001185
TP3: $0.0001209
The 1h/4h context still supports buyers, and open interest is expanding with the move.
I would rather see a reaction around $0.0001123–$0.0001132 than chase the current candle. The setup is invalid if price cleanly crosses $0.0001111.
Would you take the retest on $SPELL , or wait for one more confirmation?
#SPELL #Trading
Trade plan: LONG
Entry: $0.0001123 - $0.0001132
SL: $0.0001111
TP1: $0.0001161
TP2: $0.0001185
TP3: $0.0001209
