$COMP
COMP at 17.33$ — Long plan
Attempt a rebound from a short-term support area around 17.30, with the possibility of continued upside if the price holds.
Entry:
Conservative entry: wait for a candlestick close confirming a hold above 17.40
Aggressive entry: from 17.33 with a clear rebound signal (price rejection + increased volume)
Stop Loss:
16.90
(Breaking support invalidates the bullish scenario)
Take Profit:
TP1: 17.90
TP2: 18.60
TP3: 19.40
Trade management:
At TP1: secure the trade and move SL to the entry point
Take partial profits to reduce risk
Monitor momentum at 18.60 for signs of slowdown or continuation
Condition for continuation of the uptrend:
Holding above 17.30 with higher highs and higher lows.
Break 16.90 = complete invalidation of the Long idea.