Why this setup? - The daily bias is bullish, and we’re currently in a **trend-following long**—not a counter-trend gamble. - RSI on the 15m sits at 49.25, meaning we’re not overbought yet; there’s room to run before the next leg up. - Entry zone: 0.5100–0.5146. If we hold above 0.5123, the path to TP1 (0.5656) is a clean 10% move. - Why now? The 4H pullback is shallow, and the 1D bullish structure is acting as the launchpad. Momentum is coiling, not breaking. - Risk is defined: SL at 0.4412 is wide but respects the swing low—this is a trend trade, not a scalp.
Debate: Are we filling that 0.51 gap and ripping to 0.60, or does the RSI stall us before TP1?
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