📈 New trading idea on $CLO
Question: would you enter on the first reaction, or wait for a 15m close confirmation?
A strong SHORT impulse move was followed by a correction on the 15m timeframe.
At the moment, the correction structure is beginning to weaken, which may create a possible entry opportunity.
🔔 Entry: 0.20173 - 0.20812381
❌ Stop loss: 0.21237124
💰 TP1: 0.18896052
💰 TP2: 0.16980629
The setup focuses on continuation after correction within the main trend movement.
📊 The chart highlights:
• trend impulse
• correction phase
• possible entry
• targets and risk levels
Question: would you enter on the first reaction, or wait for a 15m close confirmation?
A strong SHORT impulse move was followed by a correction on the 15m timeframe.
At the moment, the correction structure is beginning to weaken, which may create a possible entry opportunity.
🔔 Entry: 0.20173 - 0.20812381
❌ Stop loss: 0.21237124
💰 TP1: 0.18896052
💰 TP2: 0.16980629
The setup focuses on continuation after correction within the main trend movement.
📊 The chart highlights:
• trend impulse
• correction phase
• possible entry
• targets and risk levels