$NMR Long Setup 📈
Entry Zone: $7.95 – $8.15
Stop: $7.70
Targets:
• TP1: $8.45
• TP2: $8.80
• TP3: $9.35
Price reacted strongly from the $7.52 support on the 4H chart and pushed through recent lower high structure with solid upside momentum. Holding above $7.70 keeps the bullish recovery structure intact and opens the door toward prior resistance zones.
Avoid chasing extended candles better to wait for a small retrace or tight consolidation within the entry range. Scale out at targets and manage exposure wisely.
Momentum building, but discipline wins the trade.