๐Ÿš€ LONG $ARB

๐Ÿ’ฐ Entry: 0.22538
๐Ÿ›ก Stop-loss: 0.21625 (โˆ’4.1%)
๐ŸŽฏ Take-profit: 0.23633 โ†’ 0.24181

๐Ÿ“ˆ A bullish engulfing candle just swallowed the prior red bar off EMA20 on ARB, and the short-term low is now locked in favor of buyers.
โ€ข Full EMA stack with a 4.5% spread keeps the uptrend structure intact
โ€ข Pullback stalled just 0.9% above EMA20 โ€” shallow dip, trend buyers defended it
โ€ข Bullish engulfing closed at 1.1 ATR range, a decisive rejection of the dip
โ€ข 4H, daily and Elliott counts all point the same way โ€” no higher-timeframe conflict
โ€ข Favorable R:R with a tight invalidation at the fresh swing low

โญ Score 76.4/100 โ˜…โ˜…โ˜…โ˜…โ˜†

Watch for a close holding above EMA20 to confirm, scale in gradually and keep the stop tight under the recent swing.

๐Ÿ’ฌ Long $ARB too, or taking the other side? Drop your call below.

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๐Ÿ‘‰ Follow for hourly setups.