Everyone is watching the 15m RSI scream at 76, but the 4h chart is telling a completely different story for $GPS /USDT.
$GPS - š¢ LONG Ā· Conf 90%
Trade Plan:
Entry: 0.0122421 ā 0.0122919
SL: 0.0117157
TP1: 0.0126805
TP2: 0.0129562
TP3: 0.0133697
Why this setup?
- The daily trend is firmly bullish, and this 4h pullback is just a pit stop, not a reversal.
- RSI on the 15m is overheated, meaning a quick shakeout could occur before the next leg up.
- Why now? The entry zone at 0.0122670 is sitting right on the 4h support, with TP1 at 0.0126805 offering a clean 3.3% move.
- This is a trend-following setup, not a fight against the market. The path of least resistance is up.
- ATR of 0.00023 means the stop loss at 0.0117157 is tight enough to keep risk controlled while letting the trade breathe.
Debate:
Is the 15m RSI spike going to trigger a fake-out dip before we hit TP2, or are we launching straight from the current price?
Click here to Trade šļø
$GPS - š¢ LONG Ā· Conf 90%
Trade Plan:
Entry: 0.0122421 ā 0.0122919
SL: 0.0117157
TP1: 0.0126805
TP2: 0.0129562
TP3: 0.0133697
Why this setup?
- The daily trend is firmly bullish, and this 4h pullback is just a pit stop, not a reversal.
- RSI on the 15m is overheated, meaning a quick shakeout could occur before the next leg up.
- Why now? The entry zone at 0.0122670 is sitting right on the 4h support, with TP1 at 0.0126805 offering a clean 3.3% move.
- This is a trend-following setup, not a fight against the market. The path of least resistance is up.
- ATR of 0.00023 means the stop loss at 0.0117157 is tight enough to keep risk controlled while letting the trade breathe.
Debate:
Is the 15m RSI spike going to trigger a fake-out dip before we hit TP2, or are we launching straight from the current price?
Click here to Trade šļø
