NEIROCTO might be preparing for a strong upside move after weeks of selling pressure.
🔹 Break of Structure on 4H (BOS) — market structure has shifted bullish after printing a higher high. This is often the first sign of trend reversal.
🔹 Major Downtrend Line Test — price is consolidating just below a multi-week trendline. A clean break could trigger aggressive buying.
🔹 Risk/Reward in Bulls’ Favor — current setup offers a potential 80% move with 3.55 R/R — very attractive conditions.
If NEIROCTO breaks and closes above the trendline, we could see acceleration toward the 0.0003189 level.
Entry: 0.0001770
Stop-loss: 0.0001370
Target: 0.0003189
Risk/Reward: 3.55
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
🔹 Break of Structure on 4H (BOS) — market structure has shifted bullish after printing a higher high. This is often the first sign of trend reversal.
🔹 Major Downtrend Line Test — price is consolidating just below a multi-week trendline. A clean break could trigger aggressive buying.
🔹 Risk/Reward in Bulls’ Favor — current setup offers a potential 80% move with 3.55 R/R — very attractive conditions.
If NEIROCTO breaks and closes above the trendline, we could see acceleration toward the 0.0003189 level.
Entry: 0.0001770
Stop-loss: 0.0001370
Target: 0.0003189
Risk/Reward: 3.55
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.