$ZAMA
After the local correction from the highs, the price gradually approaches the strong support zone of the higher timeframe—Order Block and FVG area within 0.0720 – 0.0760, which is the priority range for finding trend-following entry points.
Trading Setup
Entry Zone: 0.0730 – 0.0765 (buy position set in the 1-hour/4-hour Order Block and FVG zone upon completion of the local correction).
TP: 0.0900 / 0.0950 (liquidity grab at local highs and updating peak values of the impulse upmove).
SL: 0.0705 (set the stop-loss below the support boundary and the key structure-break level; a break of this level will invalidate the bullish scenario).
After the local correction from the highs, the price gradually approaches the strong support zone of the higher timeframe—Order Block and FVG area within 0.0720 – 0.0760, which is the priority range for finding trend-following entry points.
Trading Setup
Entry Zone: 0.0730 – 0.0765 (buy position set in the 1-hour/4-hour Order Block and FVG zone upon completion of the local correction).
TP: 0.0900 / 0.0950 (liquidity grab at local highs and updating peak values of the impulse upmove).
SL: 0.0705 (set the stop-loss below the support boundary and the key structure-break level; a break of this level will invalidate the bullish scenario).