Technical analysis by KayKayKay2021 about Symbol ARPA: Buy recommendation (11/18/2024)

Found a perfect setup on Arpa to try out a trade for a quick 4RR. a bar closing above 4hr 50ema is the trigger. I am adjusting invalidation to 4% for any possible wicks (I know this is too generous, but still). I'm targeting the top of the 4hr liquidity pool.100% target was achieved for 4RR. In this instance, the 4% invalidation held.