NMR is shaping up as a high‑risk, high‑reward opportunity. After the strong impulse to $0.225, price has retraced nearly 80% back into the breakout zone. This reinforces why risk management matters and why chasing vertical moves is never the play.
The week ending 21 December printed a clean weekly hammer right above key support. There’s no guarantee the pullback is finished (there never is), but the demand that stepped in is notable. Price also swept the monthly FVG on solid volume, a move that likely flushed late longs and trapped fresh shorts on the breakdown. It is also worth noting that we will be getting new yearly pivots in the new year, therefore need to treat the current pivots as weaker support/demand since it's near the end.
Trade Scenario (Aggressive)
Entry:
• Current levels are valid since price has already broken above the weekly hammer high.
Stop‑loss:
• Just below the hammer low.
Take‑profit:
• Just under the 50% range level, which aligns with a small LVN, a logical area for first reaction. Further targets can be trailed with subsequent higher lows
Trade Scenario (Conservative)
• Look for a rally from here, followed by a pullback and breakout that forms a new higher low.
• Depending on how strong the initial push is, the same targets from Scenario 1 can be used.
• his approach trades a bit of profit for clearer confirmation and a more structured trend shift.
The week ending 21 December printed a clean weekly hammer right above key support. There’s no guarantee the pullback is finished (there never is), but the demand that stepped in is notable. Price also swept the monthly FVG on solid volume, a move that likely flushed late longs and trapped fresh shorts on the breakdown. It is also worth noting that we will be getting new yearly pivots in the new year, therefore need to treat the current pivots as weaker support/demand since it's near the end.
Trade Scenario (Aggressive)
Entry:
• Current levels are valid since price has already broken above the weekly hammer high.
Stop‑loss:
• Just below the hammer low.
Take‑profit:
• Just under the 50% range level, which aligns with a small LVN, a logical area for first reaction. Further targets can be trailed with subsequent higher lows
Trade Scenario (Conservative)
• Look for a rally from here, followed by a pullback and breakout that forms a new higher low.
• Depending on how strong the initial push is, the same targets from Scenario 1 can be used.
• his approach trades a bit of profit for clearer confirmation and a more structured trend shift.
取消訂單
Depending how tight the SL was, probably have been knocked out. We just didn't see the follow through. If price can follow the "conservative" scenario it's still a good trade to consider, but for now must be patient. 註釋
That's trading sometimes. if wasn't knocked out with that spike low or SL was just below the doji you would be laughing. the "conservative" approach is still valid if we get the pullback! 註釋
if in the trade, good place to take profit as price hit the new monthly pivot (not shown on this chart) and bring Stops up to BE to protect those gains.註釋
would be out as per above免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
