$AKE just swept a key level and reclaimed it.
Open interest is expanding with the move, and volume is backing the move.
The idea stays interesting while sellers can defend $0.030449–$0.030664. The setup is invalid if price cleanly crosses $0.030913.
Would you take the retest on $AKE, or wait for one more confirmation?
#AKE #Trading
Trade plan: SHORT
Entry: $0.030449 - $0.030664
SL: $0.030913
TP1: $0.0302
TP2: $0.029872
TP3: $0.029791
Open interest is expanding with the move, and volume is backing the move.
The idea stays interesting while sellers can defend $0.030449–$0.030664. The setup is invalid if price cleanly crosses $0.030913.
Would you take the retest on $AKE, or wait for one more confirmation?
#AKE #Trading
Trade plan: SHORT
Entry: $0.030449 - $0.030664
SL: $0.030913
TP1: $0.0302
TP2: $0.029872
TP3: $0.029791