Here is a coin one of my subscribers called out last night. While looking at it in Tradingview, I see the possibility of 5up with a tiny 4. I'm always skeptical about tiny 4's so it is reasonable that we have an ABC not a true impulse. However, it is starting to get a bid and this is the potential if a legitimate impulse. 5up to $1.37 increases the odds that this is a good trade. If valid, the trade is on now. A reasonable stop is just below 81 cents.
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Note none of my work including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.
