Scenario 1 (Reversal from Demand):
Wait for lower timeframe (M15/H1) reversal signal in $0.98–$1.16 zone
If confirmed, consider long entries with tight risk below $0.98
First target: $1.40–$1.55 (local supply); next: $2.15
Scenario 2 (Breakdown):
If price loses $0.98 with no reaction, step aside — next strong support much lower
No interest in longs if green zone fails
Wait for lower timeframe (M15/H1) reversal signal in $0.98–$1.16 zone
If confirmed, consider long entries with tight risk below $0.98
First target: $1.40–$1.55 (local supply); next: $2.15
Scenario 2 (Breakdown):
If price loses $0.98 with no reaction, step aside — next strong support much lower
No interest in longs if green zone fails
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.