AIO looking juicy for a potential long setup here!
$AIO — Long 🔥 | Entry Zone: 0.04547 | Risk Level: 0.04188 | Profit Target 1: 0.05183
Here's the read:
The trend is clearly bullish on the chart, with multiple breaks of structure confirming upward momentum. Price has recently pulled back, creating a minor inducement that has not yet been taken. We are looking for a reaction from the bullish fair value gap between 0.04277 and 0.04350, which is currently untested and close to current price action. A stop loss below the recent equal highs at 0.04188 provides a defined risk level. The target is set at the open buy-side liquidity above at 0.05183, which represents the next logical area for price to move towards.
Trade safe and manage your risk accordingly.
#Futures #TradingSignals
$AIO — Long 🔥 | Entry Zone: 0.04547 | Risk Level: 0.04188 | Profit Target 1: 0.05183
Here's the read:
The trend is clearly bullish on the chart, with multiple breaks of structure confirming upward momentum. Price has recently pulled back, creating a minor inducement that has not yet been taken. We are looking for a reaction from the bullish fair value gap between 0.04277 and 0.04350, which is currently untested and close to current price action. A stop loss below the recent equal highs at 0.04188 provides a defined risk level. The target is set at the open buy-side liquidity above at 0.05183, which represents the next logical area for price to move towards.
Trade safe and manage your risk accordingly.
#Futures #TradingSignals
