$NMR is testing whether this breakout can actually hold.
Volume is backing the move.
The idea stays interesting while sellers can defend $16.704–$16.822. The setup is invalid if price cleanly crosses $16.98.
Would you trade this short setup now, or wait for a cleaner reaction?
#NMR #Trading
Trade plan: SHORT
Entry: $16.704 - $16.822
SL: $16.98
TP1: $16.588
TP2: $16.534
TP3: $16.435
Volume is backing the move.
The idea stays interesting while sellers can defend $16.704–$16.822. The setup is invalid if price cleanly crosses $16.98.
Would you trade this short setup now, or wait for a cleaner reaction?
#NMR #Trading
Trade plan: SHORT
Entry: $16.704 - $16.822
SL: $16.98
TP1: $16.588
TP2: $16.534
TP3: $16.435