M2K Long 10/30/2024
Updated
M2K is in an uptrend. But price closed below 4hr MA. It is the strongest equity. Placed a long position in 1hr HV DZ which coincides with 4hr 200EMA. Taking half risk because the zone has been tested. Risk= $120. Target= 1:1 and 3:1. Waited for the Globex open.
Trade closed manually
Made a small profit. Closed the trade before PCE report.
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