$REI
Potential Entry (Long):
Entry Point: Wait for a reversal candle or bullish confirmation above $0.01850–$0.01900, showing the sellers are weakening and buyers stepping in.
Entry can also be considered after a strong green candle with volume.
Stop Loss:
Stop Loss: $0.01650
Just below recent low ($0.01742), giving room for volatility but limiting risk.
Take Profit:
Take Profit 1 (TP1): $0.02150 (near previous support-turned-resistance zone)
Take Profit 2 (TP2): $0.02350 (near MA(25), mid-term resistance)#TradeStories
#FOMCMeeting
#REI
Potential Entry (Long):
Entry Point: Wait for a reversal candle or bullish confirmation above $0.01850–$0.01900, showing the sellers are weakening and buyers stepping in.
Entry can also be considered after a strong green candle with volume.
Stop Loss:
Stop Loss: $0.01650
Just below recent low ($0.01742), giving room for volatility but limiting risk.
Take Profit:
Take Profit 1 (TP1): $0.02150 (near previous support-turned-resistance zone)
Take Profit 2 (TP2): $0.02350 (near MA(25), mid-term resistance)#TradeStories
#FOMCMeeting
#REI