đ„ $FOLKS â MOMENTUM IS KNOCKING đ„
This chart is starting to wake up đ
Higher lows, consolidation after a strong impulse, and price holding above short-term structure. Momentum looks like itâs loading, not finished.
â ïž This is a technical setup idea, not financial advice.
đ $FOLKS LONG SETUP
Entry:
âĄïž $5.30 â $5.45 zone (current consolidation / pullback area)
Stop Loss:
đ $4.95
(below local structure â invalidates the setup)
Take Profits:
đŻ TP1: $5.90
đŻ TP2: $6.40
đŻ TP3: $7.00+ (if momentum expands)
Risk / Reward:
â
Clean structure
â
Favorable R:R
â
Trend continuation bias
đ Price already showed strength with a sharp move up, now digesting gains instead of dumping â thatâs what strong charts do.
đš No guarantees
đš Manage risk
đš Size properly
The chart is asking one question onlyâŠ
Does momentum continue?
DYOR | NFA | Trade smart đ§ âĄ
#FOLKS #TechnicalAnalysis #TradingIdea


