$ELSA just swept a key level and reclaimed it.
The 1h/4h context still supports buyers, and open interest is expanding with the move.
For me, the cleaner trade is a hold or retest around $0.06402–$0.06448, not a late entry above it. The setup is invalid if price cleanly crosses $0.06346.
Would you take the retest on $ELSA, or wait for one more confirmation?
#ELSA #Trading
Trade plan: LONG
Entry: $0.06402 - $0.06448
SL: $0.06346
TP1: $0.06512
TP2: $0.06521
TP3: $0.06564
The 1h/4h context still supports buyers, and open interest is expanding with the move.
For me, the cleaner trade is a hold or retest around $0.06402–$0.06448, not a late entry above it. The setup is invalid if price cleanly crosses $0.06346.
Would you take the retest on $ELSA, or wait for one more confirmation?
#ELSA #Trading
Trade plan: LONG
Entry: $0.06402 - $0.06448
SL: $0.06346
TP1: $0.06512
TP2: $0.06521
TP3: $0.06564