AERO gave a valid long setup
We were eye a possible retrace of an impulsive move and it displayed enough to trigger a rules-based entry.
Technical Breakdown
Key structural elements supported the setup:
Initial leg up showed impulse-like behavior
Pullback found support at a clearly defined AOI
Multiple MLT levels aligned with a common zigzag framework
Swift bounce off the Golden Corner Pocket (GCP)
Break and close above 0.54 completed the impulse structure
Prior resistance flipped into support
Volume confirmed the move, and price reached the first algo target, producing a reactive wick and confirming potential of algo activity.
This created a textbook TDU-style GCP/Algo/C-3 setup with measured entry and exit.
Risk Management
Partial profit was taken at the first MLT zone
Stop loss was moved into profit post-structure break
Scenario planning:
If move continues: positioned
If move stalls as a larger zigzag: no loss
Outlook
Attention now shifts to the next actionable level, possible second entry long
0.62 is the AOI for re-entry atm
Ideal scenario = Continuation in a wave 3, obvi
Alt scenario = Clean corrective to AOI + long
Bear scenario = Zig Zag complete
Conclusion
The trade played by the book!
Confluence across AOI, GCP, MLT, and volume created a qualified entry — not a guess.
This remains a great example of structure over sentiment and waiting for the market to meet criteria before engaging.
We were eye a possible retrace of an impulsive move and it displayed enough to trigger a rules-based entry.
Technical Breakdown
Key structural elements supported the setup:
Initial leg up showed impulse-like behavior
Pullback found support at a clearly defined AOI
Multiple MLT levels aligned with a common zigzag framework
Swift bounce off the Golden Corner Pocket (GCP)
Break and close above 0.54 completed the impulse structure
Prior resistance flipped into support
Volume confirmed the move, and price reached the first algo target, producing a reactive wick and confirming potential of algo activity.
This created a textbook TDU-style GCP/Algo/C-3 setup with measured entry and exit.
Risk Management
Partial profit was taken at the first MLT zone
Stop loss was moved into profit post-structure break
Scenario planning:
If move continues: positioned
If move stalls as a larger zigzag: no loss
Outlook
Attention now shifts to the next actionable level, possible second entry long
0.62 is the AOI for re-entry atm
Ideal scenario = Continuation in a wave 3, obvi
Alt scenario = Clean corrective to AOI + long
Bear scenario = Zig Zag complete
Conclusion
The trade played by the book!
Confluence across AOI, GCP, MLT, and volume created a qualified entry — not a guess.
This remains a great example of structure over sentiment and waiting for the market to meet criteria before engaging.
More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Related publications
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.
More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Related publications
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.