Why I Like This Setup:
Game Plan:
Letting the trend do the heavy lifting on this one
- Powerful daily uptrend — momentum clearly to the upside
- Buyers stepping in on every dip — strong demand showing up consistently
Game Plan:
- Entry Zone: Watching the 1.618 fib level for a pullback and bounce
- Stop: Just below that 1.618 fib — clean invalidation point
- Target: Previous high, but with this strength, I’ll likely use a trailing stop once price moves in my favor
Letting the trend do the heavy lifting on this one
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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.