NBIS is looking juicy for a long trade, with a solid structure break that's got my attention. We're talking a potential breakout here, and the charts are lining up nicely.
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🟢 NBIS LONG 📈
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📍 Entry Range: $278.0217 – $278.5783
🛑 Stop Loss: $269.9510 (-3.0%)
🎯 TP1: $282.4745 (+1.5%)
🏆 TP2: $292.2150 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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The CHoCH signal just fired, and when you combine that with the FVG and OB, it's a pretty compelling case for a move up. The POI confluence is the cherry on top, with the OB and FVG overlapping in a way that suggests some serious interest in this level. The market structure is looking pretty clean, too, which gives me confidence in this play.
A 3.0% stop loss feels about right for this one, and I'd be looking at 2-3x leverage to make it work without getting too aggressive.
If we hit TP1, I'm taking some profit off the table, no question - don't want to get greedy and give back all our gains if the market decides to pull back.
Not financial advice — always manage your own risk 🙏
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