$CLANKER has shown strong bullish momentum after a sharp expansion from the recent low, forming a clear impulsive move. Price is consolidating above the previous resistance zone, which is now acting as support. The structure suggests healthy continuation rather than exhaustion, supported by rising volume and higher-highs, higher-lows formation on lower timeframes.
Market Bias: BULLISH
Trade Setup (LONG)
Entry Zone: Near the bullish pullback into the support–retest area
Targets:
TP1: Previous intraday high zone
TP2: Breakout continuation level above recent highs
TP3: Extension target aligned with measured move projection
Stop Loss:
Below the invalidation level under the recent higher low to protect against structure breakdown
Risk Management:
Risk only a small portion of capital per trade, wait for confirmation at the entry zone, and trail stop loss after TP1 is secured to protect profits.
#PriceAction #MarketStructure #SupportResistance #TrendContinuation #TechnicalAnalysis