RUNE: Poised for an Imminent Surge
Updated
I’m waiting for this setup as it still shows strength. RRUNE
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
Trade active
First bids filled.
Now waiting for the remainder to fill at lower levels, between 3.50 and 3.69.
Trade active
The moment has come. Moving forward in the right direction.
Comment
I'm currently trying to break through monthly resistance. Once it clears that area, it should move swiftly. I'm considering taking some profits while letting a significant portion run.
Trade closed: target reached
Target acquired!
This is an independent trade compared to the swing idea on the older post.
Always great to extract from the market with two different play styles
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