$DOT
Long 75x | Re-testing the order is in progress, while maintaining a disciplined approach.
DOT has reached the long zone that was targeted, with the invalidation clearly defined. This setup remains valid as long as the order continues to show strength.
Trading plan:
- Entry: 0.94428 – 0.94786
- Target 1: 0.96282 (return:risk 1:0.8)
- Target 2: 0.97399 (return:risk 1:1.3)
- Target 3: 0.99074 (return:risk 1:2.0)
- Stop loss: 0.92373
Why was this trade set up?
- The long setup is still in place; it’s not random: the 4-hour structure has been maintained as long as price remains within 0.94428–0.94786 around 0.94607.
- The RSI indicator on the 15-minute timeframe at 37 shows neutral momentum, allowing for an upside move, and thus keeping the setup valid.
- Current volume at 4.01x, with 89.27K traded versus 22.25K expected, reflecting genuine interest from the buy side.
Trade from here 👇 Will you enter at the zone, or wait for a breakout above the resistance level?
Educational information only. Not investment advice, not an offer, not a request, and not a recommendation. Trade as you wish, and take your own risks.
Long 75x | Re-testing the order is in progress, while maintaining a disciplined approach.
DOT has reached the long zone that was targeted, with the invalidation clearly defined. This setup remains valid as long as the order continues to show strength.
Trading plan:
- Entry: 0.94428 – 0.94786
- Target 1: 0.96282 (return:risk 1:0.8)
- Target 2: 0.97399 (return:risk 1:1.3)
- Target 3: 0.99074 (return:risk 1:2.0)
- Stop loss: 0.92373
Why was this trade set up?
- The long setup is still in place; it’s not random: the 4-hour structure has been maintained as long as price remains within 0.94428–0.94786 around 0.94607.
- The RSI indicator on the 15-minute timeframe at 37 shows neutral momentum, allowing for an upside move, and thus keeping the setup valid.
- Current volume at 4.01x, with 89.27K traded versus 22.25K expected, reflecting genuine interest from the buy side.
Trade from here 👇 Will you enter at the zone, or wait for a breakout above the resistance level?
Educational information only. Not investment advice, not an offer, not a request, and not a recommendation. Trade as you wish, and take your own risks.