CAT LONG, HIGH RISK
Entry zone: 0.00000140–0.00000143
Stop loss: 0.00000133
TP1: 0.000001484
TP2: 0.00000155
TP3: 0.00000162
Trader read: CAT broke vertically from 0.00000133 and is now trading directly below the daily high. Momentum is strong, but the move is stretched and quoted turnover remains thin.
My approach: I’d only consider the pullback. Buying the current candle beneath 0.000001484 gives poor R:R.
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