$TAG - LONG
Trade Plan:
Entry: 0.0012621 – 0.0012699
SL: 0.0011570
TP1: 0.0013127
TP2: 0.0013572
TP3: 0.0014239
Why this setup?
- RSI 15m at 62 shows momentum building, not exhausted—room to run before overbought.
- 1D trend is bullish, and the 4h MTF aligns: this isn’t a dead cat bounce.
- Entry at 0.0012460 with TP1 at 0.0013127 gives a 5.3% move before the real juice (TP3: 0.0014239).
- Why now? The ATR (3.7e-05) is tight—volatility is coiling, and the breakout is armed, not triggered.
Trade Plan:
Entry: 0.0012621 – 0.0012699
SL: 0.0011570
TP1: 0.0013127
TP2: 0.0013572
TP3: 0.0014239
Why this setup?
- RSI 15m at 62 shows momentum building, not exhausted—room to run before overbought.
- 1D trend is bullish, and the 4h MTF aligns: this isn’t a dead cat bounce.
- Entry at 0.0012460 with TP1 at 0.0013127 gives a 5.3% move before the real juice (TP3: 0.0014239).
- Why now? The ATR (3.7e-05) is tight—volatility is coiling, and the breakout is armed, not triggered.