I used to jump on green candles like this before checking whether the move had actually earned its next leg. INJ is up over 25% on the 15m, pushing into 9.35 after a clean run from 8.30. That high is now the control level. The structure is bullish, but price is sitting right under resistance with the 7 and 14 MAs below acting as dynamic support.
I’m not chasing this candle. I’d rather wait for a pullback into 9.10–9.18, where the short-term MAs and prior breakout zone overlap. If buyers defend that area and print a higher low, I’ll look long toward 9.35 first.
Entry: 9.12–9.18 retest
SL: 8.98 (below the MA cluster and structure)
TP1: 9.35
TP2: 9.60
Invalidation: A 15m close below 8.98 kills the setup.
The lesson I keep relearning is that a strong trend still needs a safe entry. If price runs without me, I let it go. Would you take the retest or wait for a clean break above 9.35?
@Injective #INJ $INJ
I’m not chasing this candle. I’d rather wait for a pullback into 9.10–9.18, where the short-term MAs and prior breakout zone overlap. If buyers defend that area and print a higher low, I’ll look long toward 9.35 first.
Entry: 9.12–9.18 retest
SL: 8.98 (below the MA cluster and structure)
TP1: 9.35
TP2: 9.60
Invalidation: A 15m close below 8.98 kills the setup.
The lesson I keep relearning is that a strong trend still needs a safe entry. If price runs without me, I let it go. Would you take the retest or wait for a clean break above 9.35?
@Injective #INJ $INJ