Monthly and weekly looking good and market shows interest at 91. Took long position with stop at 91. Immediate target is 115. If strong momentum continues it can become a multi month position. If 115 is met then plan to use 50 ema as the future stop and scale in whenever possible.
Trade active:
There is a volatility contraction happening which can lead to expansion. Updating stop to 85 which is 2 ATR from the current location and below the cloud. Need to give the price some room to play out.
Trade closed: stop reached
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