$ONT - LONG
Trading Plan:
Entry: 0.0787 – 0.0791
SL: 0.0773
TP1: 0.0801
TP2: 0.0810
TP3: 0.0822
Why this setup?
• The 15m RSI at 70.91 indicates short-term overbought conditions; however, the 4h trend remains LONG with 55% confidence.
• The entry reference is 0.0789 with a tight SL at 0.0773—risk is managed.
• TP1 at 0.0801 offers a quick scalp of 1.5%, while the 1D trend stays within range.
• Why now? The 1h ATR at 0.000991 indicates low volatility—breakouts can be sharp when they happen.
Discussion:
Are you unwinding the RSI or capitalizing on the 4h bullish trend towards TP2?
Click here to trade 👇️
Trading Plan:
Entry: 0.0787 – 0.0791
SL: 0.0773
TP1: 0.0801
TP2: 0.0810
TP3: 0.0822
Why this setup?
• The 15m RSI at 70.91 indicates short-term overbought conditions; however, the 4h trend remains LONG with 55% confidence.
• The entry reference is 0.0789 with a tight SL at 0.0773—risk is managed.
• TP1 at 0.0801 offers a quick scalp of 1.5%, while the 1D trend stays within range.
• Why now? The 1h ATR at 0.000991 indicates low volatility—breakouts can be sharp when they happen.
Discussion:
Are you unwinding the RSI or capitalizing on the 4h bullish trend towards TP2?
Click here to trade 👇️