Keep an eye on Motus, After reversing off S1 weekly pivot as well as the 200wma, chances are good for a range trade back to the top of the box between R105-R108.
Entries between R87-R92 (closer to R87 the better), Stop loss a move under R82, with targets at R105-R108. If you manage to enter around R88 thats a R6 risk for a potential move of R17 to R20 to target, which is approximately a 3:1 risk reward ratio
Entries between R87-R92 (closer to R87 the better), Stop loss a move under R82, with targets at R105-R108. If you manage to enter around R88 thats a R6 risk for a potential move of R17 to R20 to target, which is approximately a 3:1 risk reward ratio
Trade closed: target reached:
Full target reached
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