This stock was added to the watchlist based on a bullish continuation setup on the daily timeframe (noticeable upward move followed by a pullback or consolidation near the mean price).
The higher timeframe, we observed that the stock has been moving within a range, even shown a failed breakdown / failure test to the downside. Its now inside range, without interference.
Trade was entered as a breakout.
Trade Overview • Structure: Bullish Continuation (D) / Range (W) • Position: Near Mean (D) / Inside Range (W) • Entry Trigger: Breakout