$VELVET — 1H Trade Plan
$VELVET Strong recovery from 0.5357, with higher highs and higher lows. Price is now pressing the 0.7500 resistance, so chasing here is risky.
Long Entry: 0.700–0.715
SL: 0.665
TP1: 0.750
TP2: 0.790
TP3: 0.830
Invalidation: 1H close below 0.665.
Best setup: wait for a pullback/retest around 0.700–0.715 rather than entering at the current price.
DYOR. Manage risk.
$VELVET Strong recovery from 0.5357, with higher highs and higher lows. Price is now pressing the 0.7500 resistance, so chasing here is risky.
Long Entry: 0.700–0.715
SL: 0.665
TP1: 0.750
TP2: 0.790
TP3: 0.830
Invalidation: 1H close below 0.665.
Best setup: wait for a pullback/retest around 0.700–0.715 rather than entering at the current price.
DYOR. Manage risk.