NEARUSDT – Bullish Reversal Trade Setup
Entry: $2.78
SL: $1.81
TP1: $3.90
TP2: $4.96
Trail for Extension: $5.50–$6.00
Structure & Logic:
Previous Lower Low (LL) and Lower High (LH) sequence broken.
Higher High (HH) now confirmed — signaling trend reversal.
Strong Bullish Engulfing + Hammer at Higher Low area.
Dow Theory shift in play, signaling long opportunity.
Trade Plan:
Partial at TP1
TP2 for full target
Trail SL above TP2 for potential $5.5–6.0 move
Risk-managed entry: ~1:1 , 1:2
Entry: $2.78
SL: $1.81
TP1: $3.90
TP2: $4.96
Trail for Extension: $5.50–$6.00
Structure & Logic:
Previous Lower Low (LL) and Lower High (LH) sequence broken.
Higher High (HH) now confirmed — signaling trend reversal.
Strong Bullish Engulfing + Hammer at Higher Low area.
Dow Theory shift in play, signaling long opportunity.
Trade Plan:
Partial at TP1
TP2 for full target
Trail SL above TP2 for potential $5.5–6.0 move
Risk-managed entry: ~1:1 , 1:2
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.