Everyone is calling for a drop, but $ALCH is whispering something else... 🤫
I’m taking a Long position here. The 4H chart is looking strong against the Daily trend, and I think we have space to run before hitting resistance. It looks like a classic bear trap setup to me.
My Plan:
Get in: Around 0.0866 - 0.0872
Risk: SL at 0.0850
Reward: Aiming for 0.0888, 0.0894, and finally 0.0907.
Dead cat bounce or real reversal? I'm betting on the reversal.
Trade with me here 👇
I’m taking a Long position here. The 4H chart is looking strong against the Daily trend, and I think we have space to run before hitting resistance. It looks like a classic bear trap setup to me.
My Plan:
Get in: Around 0.0866 - 0.0872
Risk: SL at 0.0850
Reward: Aiming for 0.0888, 0.0894, and finally 0.0907.
Dead cat bounce or real reversal? I'm betting on the reversal.
Trade with me here 👇