The structure on $ARB has changed enough to put this setup on my watchlist.
What stands out here is that volume is running about 3.2x its recent pace, the 1H move is +4.48%, and the last 15m is +3.13%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.17384. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
How would you manage this $ARB setup from here?
#ARB #Trading
Trade plan: LONG
Entry: $0.16401
SL: $0.13055
TP1: $0.19747
TP2: $0.23092
TP3: $0.26438
What stands out here is that volume is running about 3.2x its recent pace, the 1H move is +4.48%, and the last 15m is +3.13%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.17384. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
How would you manage this $ARB setup from here?
#ARB #Trading
Trade plan: LONG
Entry: $0.16401
SL: $0.13055
TP1: $0.19747
TP2: $0.23092
TP3: $0.26438
