MMETIS broke out of a range since August and now did a bullish retest hitting the order block and retraced to the "golden pocket" on the daily time frame, giving me some confidence that a continuation is confirmed. I am LONG here and should expect to hit the bearish OB around at least $57 in the coming week.
If we also close a daily candle above the 200 day MA, we are ready to have some big moves.
Entry: $46 TP1: $53.4 TP2: $57
SL: $43
Potential gain: %23
Always use proper risk management, and nothing I provide is Financial advice. These are my own thoughts and probabilities, nothing is guaranteed.
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