ALGO Long into Price Discovery

By vack
Updated
ALGO looks like it's about to break into price discovery.

Estimated TP based off bowl depth.

Expecting some retraces upon which to add to position size - small start position opened
Trade active
Moved stop up into profit @ 0.88
Trade active
Actually, changed my mind: I think this could retest that level exactly, so it makes more sense to merely move my stop up into less loss and to instead add onto position size if we get a retest of the 0.88 area. Big brain
Trade active
Legit had a perfect retest of 0.86 and now we're back to 0.94. Perfect
Trade closed: target reached
Trailing take profit hit
Support and ResistanceTrend Analysis

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