๐ข $KITE Long setup
Entry zone: 0.14222
Stop level: 0.139964
Target: 0.146748
R:R 1:2.01
KITE had a 12% run spread over about 3 days, so there was a clear swing to work with. The wick through 0.14166 cleared the sell stops resting below it, then a candle body closed back above it. I don't enter on the wick, I wait for that close. In at 0.14222, out at 0.139964 if I'm wrong, 0.146748 if I'm right. Works out to roughly 1:2.01.
Manage your own risk.
Entry zone: 0.14222
Stop level: 0.139964
Target: 0.146748
R:R 1:2.01
KITE had a 12% run spread over about 3 days, so there was a clear swing to work with. The wick through 0.14166 cleared the sell stops resting below it, then a candle body closed back above it. I don't enter on the wick, I wait for that close. In at 0.14222, out at 0.139964 if I'm wrong, 0.146748 if I'm right. Works out to roughly 1:2.01.
Manage your own risk.
