HOW I'M TRADING THE $NMR SUPER-TREND
You do not chase a 48% candle. The professional play on $NMR is to wait for the inevitable retest. The breakout happened at the $14.50 to $15.00 level. I am now patiently waiting for the price to come back to me.
$NMR Entry: Bids layered in the $15.50 down to $14.75 zone.
Stop Loss: A hard stop loss at $12.50.
Targets:
šÆ Target 1: $20.00
šÆ Target 2: $25.00
šÆ Target 3: $35.00
This is a macro trade on Numeraire, not a scalp. The goal is to catch the new uptrend with a defined risk on #NMR