Everyone's waiting for $WAL to drop back to $0.35, but I think it's coiled to break out above $0.50.
$WAL - LONG
Entry: 0.3957 – 0.405
SL: 0.385
TP1: 0.415
TP2: 0.435
TP3: 0.50
Why this setup?
* RSI on the 1H is 43, showing room to run
* ATR is 0.012, indicating a relatively tight range
* My bias confidence is 70% based on the 15m/1H timeframe divergence
* We need a reclaim of $0.41 to invalidate the bearish scenario.
Debate: Are you fading $WAL at $0.50 or riding it to $0.60?
$WAL
$WAL - LONG
Entry: 0.3957 – 0.405
SL: 0.385
TP1: 0.415
TP2: 0.435
TP3: 0.50
Why this setup?
* RSI on the 1H is 43, showing room to run
* ATR is 0.012, indicating a relatively tight range
* My bias confidence is 70% based on the 15m/1H timeframe divergence
* We need a reclaim of $0.41 to invalidate the bearish scenario.
Debate: Are you fading $WAL at $0.50 or riding it to $0.60?
$WAL