INA continues to show strength with a classic stair step formation. Price has already printed a clear Sign of Strength (SOS), followed by a clean pullback on declining volume. The overlapping candles into the Equilibrium (EQ) of the Fair Value Gap (FVG) suggest absorption, not weakness. Price then formed another higher low in the zone, printing a fresh Last Point (LPS) of Support.
Trade Scenario
Entry: Price has pulled back into a key zone after hitting the original minimal range target. This could be another LPS setup with continuation potential.
Stop Loss: Since there is no weekly swing low, use the $5.06 swing low as the stop. We do not want price to re-enter the FVG region—it has been tested multiple times, and another visit could signal structural failure. If price breaks and closes above $5.70, consider moving the stop to the newly formed swing low for better protection and dynamic risk management.
Targets:
Initial target near the all-time high
Beyond that, trail the stop to capture extended upside
Trade Scenario
Entry: Price has pulled back into a key zone after hitting the original minimal range target. This could be another LPS setup with continuation potential.
Stop Loss: Since there is no weekly swing low, use the $5.06 swing low as the stop. We do not want price to re-enter the FVG region—it has been tested multiple times, and another visit could signal structural failure. If price breaks and closes above $5.70, consider moving the stop to the newly formed swing low for better protection and dynamic risk management.
Targets:
Initial target near the all-time high
Beyond that, trail the stop to capture extended upside
Catatan
Not liking the strong rejection from "add to position line". Need to see an impulsive move out of this region relatively quick otherwise expect more chop. Trading ditutup secara manual
market structure broken. Interest for me will return if we get a break and close above $5.47
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.