$MMK (+1.42%) As expected, the support at the VWAP has held - but but beware, this is always only about an increased probability - Nothing is fixed, and certainly not when trading!
But that's what it's all about, minimizing risk through increased probabilities. The SL is set just below the entry price, so the risk of this trade is almost eliminated.
Nice to see 2 "OUTSIDE BARS", i.e. 2 candles whose bodies are completely outside the previous candles. This shows strong buying interest, such strong trends often last 2-3 days. Let's see, maybe tomorrow there will be the first profit taking (TP1)
Edit 01.10.2025 Day5: After 3 days in a row with a strong rise, profits are hedged 😉
