$XLM
A pullback into a fresh fair value gap offers a long entry.
Trade: Long 📈
Entry: 0.2115
Stop Loss: 0.2006
Take Profit: 0.2333
Timeframe: 1H & 5M candles
The higher timeframe trend is bullish with price in a discount zone, and a recent break of structure at 0.2146 confirms momentum. The 5 minute chart shows a bearish change of character, creating a minor pullback into a fresh bullish fair value gap between 0.2118 and 0.2121. This offers a long entry at 0.2115, targeting the untested buy-side liquidity at 0.22 and beyond. The stop is placed at 0.2006, below the higher timeframe bullish fair value gap zone low, providing a solid risk anchor. The target of 0.2333 offers a favorable reward-to-risk ratio of approximately 2.0, aligning with the strong underlying bullish structure.
Target the untested liquidity above the recent swing high.
A pullback into a fresh fair value gap offers a long entry.
Trade: Long 📈
Entry: 0.2115
Stop Loss: 0.2006
Take Profit: 0.2333
Timeframe: 1H & 5M candles
The higher timeframe trend is bullish with price in a discount zone, and a recent break of structure at 0.2146 confirms momentum. The 5 minute chart shows a bearish change of character, creating a minor pullback into a fresh bullish fair value gap between 0.2118 and 0.2121. This offers a long entry at 0.2115, targeting the untested buy-side liquidity at 0.22 and beyond. The stop is placed at 0.2006, below the higher timeframe bullish fair value gap zone low, providing a solid risk anchor. The target of 0.2333 offers a favorable reward-to-risk ratio of approximately 2.0, aligning with the strong underlying bullish structure.
Target the untested liquidity above the recent swing high.