$NOM 15m expansion into 0.00674 followed by pullback holding above prior breakout base.
Trade Direction:
Long (bullish pullback continuation)
Entry:
0.00585 – 0.00600
Stop Loss:
0.00570
TP1:
0.00620
TP2:
0.00650
TP3:
0.00675
Explanation
Price impulsed into 0.00674, sweeping liquidity above prior highs, then retraced sharply. The pullback found support around 0.00585–0.00590, which aligns with the prior breakout area. Sellers attempted continuation but failed to print a new low below the structure base at 0.00570. Current candles show stabilization and a developing higher low, positioning for another rotation toward the range highs.
Final execution note.
I enter within the defined zone and exit immediately on a firm 15m close below 0.00570.
NOM
0.00473
-11.25%