$AAVE - LONG
Trading plan:
Entering position: 91.905 – 92.095
SL: 89.590
TP1: 93.808
TP2: 95.013
TP3: 96.821
Why set this up?
- The 4h range bias is LONG with 79% confidence, while the 1D trend is still moving sideways—this is a compressed spring, not a breakout chase.
- RSI on the 15m timeframe is at 35.78 (oversold), and ATR (1h) is 0.77, indicating low volatility—the tighter the spring, the stronger the bounce.
- The entry level at 92.000 with TP1 at 93.808 creates a clean +1.9% move before the first check; SL at 89.590 limits the risk to 2.6%.
- Why now? Price is in a "Waiting" state—meaning the setup hasn’t triggered yet, but the invalidation condition at 93.541 is very close. This is the pause before the 4h candle makes its decision.
Debate:
If the 4h closes above 93.5, will you look to exit at the top of the zone or hold to hit TP3 at 96.8?
Click here to Trade 👇️
Trading plan:
Entering position: 91.905 – 92.095
SL: 89.590
TP1: 93.808
TP2: 95.013
TP3: 96.821
Why set this up?
- The 4h range bias is LONG with 79% confidence, while the 1D trend is still moving sideways—this is a compressed spring, not a breakout chase.
- RSI on the 15m timeframe is at 35.78 (oversold), and ATR (1h) is 0.77, indicating low volatility—the tighter the spring, the stronger the bounce.
- The entry level at 92.000 with TP1 at 93.808 creates a clean +1.9% move before the first check; SL at 89.590 limits the risk to 2.6%.
- Why now? Price is in a "Waiting" state—meaning the setup hasn’t triggered yet, but the invalidation condition at 93.541 is very close. This is the pause before the 4h candle makes its decision.
Debate:
If the 4h closes above 93.5, will you look to exit at the top of the zone or hold to hit TP3 at 96.8?
Click here to Trade 👇️