Simple's Green Room

[pennies2007]

Yeah, with Easter coming up and the end of the quarter, things have slowed down considerably.

I felt confident enough in this one to load the boat a bit in the public account. Might regret it but this looks like one of those "Captain Obvious" trade setups. It's working on the hourly 5th wave of a larger 5 wave movement in the 4 hour consolidation channel. It will likely move a good bit higher than my target but I don't want to take any chances.

There's also a bearish key candle level at just above 112 that may give it some trouble on the way back up so I'm just taking the safe bet here.