This is the “I’m just here for the pop” strategy — where we ride that violent engulfing candle like it owes us money… but keep one hand on the eject button. AMIX just flash-banged the chart with a surprise move from the graveyard, blowing past the 50MA like it saw its ex.
We’re targeting a scalp-to-swing depending on whether it holds above $1.36 (5MA) or rejects at $1.42–$1.48 (previous supply zone).
Tight stop under $1.29, because if this turns fake, you’ll be dragging that little red suitcase next to the cartoon dude — headed back to “Bagholder Island.”
We’re targeting a scalp-to-swing depending on whether it holds above $1.36 (5MA) or rejects at $1.42–$1.48 (previous supply zone).
Tight stop under $1.29, because if this turns fake, you’ll be dragging that little red suitcase next to the cartoon dude — headed back to “Bagholder Island.”
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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.