$VELVET 🚀
VELVET looking juicy for a potential long setup here!
Position: Buy
Entry Zone: 0.07962
Risk Level: 0.07051
TP 1: 0.09569
The trend is bullish, and price is currently in the discount portion of the dealing range. We've seen a recent sweep of sell-side liquidity at 0.07051, followed by a break of structure. Price has now pulled back into a bullish fair value gap between 0.0765 and 0.07752, which is an ideal entry zone. The stop loss is placed below the swept liquidity and recent swing lows at 0.07051, offering a clear risk management level. The target is set at the high of the dealing range, aiming for the next significant liquidity pool.
Manage your risk, friends!
#Futures #TradingSignals #VELVET
VELVET looking juicy for a potential long setup here!
Position: Buy
Entry Zone: 0.07962
Risk Level: 0.07051
TP 1: 0.09569
The trend is bullish, and price is currently in the discount portion of the dealing range. We've seen a recent sweep of sell-side liquidity at 0.07051, followed by a break of structure. Price has now pulled back into a bullish fair value gap between 0.0765 and 0.07752, which is an ideal entry zone. The stop loss is placed below the swept liquidity and recent swing lows at 0.07051, offering a clear risk management level. The target is set at the high of the dealing range, aiming for the next significant liquidity pool.
Manage your risk, friends!
#Futures #TradingSignals #VELVET
