$KERNEL LONG Trade Setup
Price consolidates sideways (0.0420 - 0.0429) to let the indicators cool off. Then, it breaks above 0.04365 with strong volume, targeting 0.04500 and higher.
Entry 0.0408 - 0.0415
SL 0.0390
TP 0.0430
TP 0.04365
Invalidation Conditions:
A close below 0.0390 invalidates the bullish continuation thesis.
A break below 0.0380 would signal a complete trend reversal.
Price consolidates sideways (0.0420 - 0.0429) to let the indicators cool off. Then, it breaks above 0.04365 with strong volume, targeting 0.04500 and higher.
Entry 0.0408 - 0.0415
SL 0.0390
TP 0.0430
TP 0.04365
Invalidation Conditions:
A close below 0.0390 invalidates the bullish continuation thesis.
A break below 0.0380 would signal a complete trend reversal.