$FTT
Trading Setup (Long)
Entry Zone: 0.2120 – 0.2150.
Rationale: Entry into the buyers’ area of interest (Order Block) formed after an impulsive break of the structure on the 15m/1h charts, where a retest of support is expected before the continuation of the uptrend.
TP: 0.2300 – 0.2350.
Comment: Take-profit in the liquidity zone of the nearest resistance levels and local highs of the higher time frame.
SL: 0.2050.
Rationale: Stop-loss is placed below the lower boundary of the demand zone and the latest HL. A close below this level invalidates the current bullish scenario and indicates a possible false breakout.
#TradingSetup #TechnicalAnalysis #cryptotrading #BinanceSquare
Trading Setup (Long)
Entry Zone: 0.2120 – 0.2150.
Rationale: Entry into the buyers’ area of interest (Order Block) formed after an impulsive break of the structure on the 15m/1h charts, where a retest of support is expected before the continuation of the uptrend.
TP: 0.2300 – 0.2350.
Comment: Take-profit in the liquidity zone of the nearest resistance levels and local highs of the higher time frame.
SL: 0.2050.
Rationale: Stop-loss is placed below the lower boundary of the demand zone and the latest HL. A close below this level invalidates the current bullish scenario and indicates a possible false breakout.
#TradingSetup #TechnicalAnalysis #cryptotrading #BinanceSquare