Timeframe: 4H
Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area.
Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1
Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations).
Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218.
We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area.
Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1
Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations).
Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218.
We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
Trade closed manually
Closed in Breakeven
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💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
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.
💎💎- Professional Trader
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
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.