📘 Trade Journal Entry
Pair / Ticker: RGTI (Rigetti Computing Inc.)
Date: Thu 9th Oct 25
Time: 10:20 am
Session: LND to NY Session AM
Direction: Buyside Trade
Timeframe: 5-Minute
🔹 Trade Details
Entry: 44.87
Profit Target: 48.41 (+11.29%)
Stop Loss: 44.25 (–1.42%)
Risk-Reward Ratio (RR): 7.89
🔹 Technical Context
Model Type: Entry/Sweep/FVG Model 009
1min TF
Setup Sequence:
Asian Low Sweep → Choch → Demand Zone Reclaim
Order Block Confirmation at 44.25 zone with displacement candle.
EMA Confluence: Price reclaimed 50EMA, aligned above 200WMA as confirmation of structural shift. Fair Value Gap (FVG) provided liquidity refinement during continuation phase.
Volume spike aligned with breakout candle, validating institutional engagement.
RSI Divergence Reversal on lower timeframe leading to upside expansion.
VWAP Reclaim served as dynamic support confirming trend shift.
5min TF entry
🔹 Narrative Context
Rigetti displayed a classic liquidity-grab reversal setup after sweeping Asian lows and reclaiming structural demand during the London-to-NY transition. Momentum followed through with displacement above key moving averages and FVG retests. Volume and RSI confirmed buyer dominance, driving price efficiently toward the 48.00-48.50 zone.
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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.