š $ARB Potential Trade Ideas (Short-term ā 15 minute chart)
Option 1 ā Bullish Continuation (Up Trade):
Entry Price: 0.5530 ā 0.5550
Stop Loss (SL): 0.5380 (below MA25)
Target (TP1): 0.5600
Target (TP2): 0.5660 (new high)
Option 2 ā Short Term Pullback (Down Trade):
Entry Price: 0.5520 ā 0.5500 (if candle closes below MA7)
Stop Loss (SL): 0.5580
Target (TP1): 0.5440
Target (TP2): 0.5380
ā ļø Note: The market is currently in an uptrend, so only take a down trade if there is a clear breakdown below MA7 and MA25.
If you go up, be sure to keep your stop loss small, because there has already been a lot of rally.