MY $GPS TRADE WAITING FOR THE INEVITABLE PULLBACK
I am not a buyer here. The reversal for $GPS is confirmed, but the professional entry has not yet arrived. We do not buy an asset with an RSI of 88.
$GPS Entry: My bids are layered and waiting in the $0.0125 - $0.0135 zone. We let the price come to us.
Stop Loss: A firm stop loss will be placed at $0.0109, below the 24 hour low.
Targets (from entry):
🎯 Target 1: $0.0160
🎯 Target 2: $0.01704 (Retest the high)
🎯 Target 3: $0.0200
We let the retail FOMO provide the exit liquidity. We enter when the chart offers a good risk to reward setup. That is the only way to trade this move on #GPS