34 3 3
- failed breakout back in late Aug.
- multiple resistances along $26 & $28 levels
+ side way narrowed price movement throughout Sept
+ followed by a pop in price w/ 20mil shares day
+ price retraced back to rising 5ema since
- upper shadow in today's bar
+ 5ema supporting today's low
Order cancelled: Setup cancelled.
beat me to it, i was about to post the same thing except a smaller reward and risk.
May I ask what/how is your setup?
I4 Channibal
i had a target of 26 and risk 3%. Its up 2% in the pre-market, hopefully your trade goes well.
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