๐ LONG
$PROM ๐ฐ Entry: 5.7380
๐ก Stop-loss: 5.5014 (โ4.1%)
๐ฏ Take-profit: 6.0219 โ 6.1639
๐ A long lower wick swallowing 73% of the candle range just rejected the dip at EMA20 โ sellers swung and buyers slammed the door.
โข EMA stack is fanned with a 3.9% spread, so the trend has room before any overhead friction
โข Pullback is textbook: price sits just 0.7% off EMA20, the highest-probability continuation zone
โข Wick spanned 73% of the candle at 0.61 ATR โ a real rejection, not noise
โข 4H, daily and Elliott structure all point the same way, so higher timeframes back the long
โข Favorable R:R with a tight invalidation at the fresh wick low keeps risk contained
โญ Score 63.2/100 โ
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Long bias while candles keep closing above EMA20; enter on confirmation, stop under the wick low, scale into strength.
๐ฌ Long
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๐ Follow for hourly setups.