NET, 2024-06-25, Long
Updated
Context:
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Expected RR (at full) 7.18
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Notes:
- Weekly - Support zone @ 66.24/61.34
- Daily - Trend line break; Retracement back to "First Red"/Window
- 1h - BOS; Gap as entry/stop range (Using the last pivot point as the max stop range since the gap is a bit tight)
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- Main Target - Weekly Resistance @ 95.68
- Breakeven stop @ 84.03
- 2/3s out @ 85.93 (Fin ext. 0.618)
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Expected RR (at full) 7.18
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Notes:
- There might be some static as we enter the 83.00 area.
Note
Breakeven stop @ 84.03 touched; Moving stops to breakeven.Note
2/3s out @ 85.93.Remaining position will be AON against breakeven and the main target.
Prices are moving into a possible weekly zone @ 82.83/89.90, will look for an early exit if a reverse formation starts to form.
Trade closed manually
Remaining position closed at breakeven (yesterday)
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