XPL H1 — PULLBACK TO SUPPORT, WAIT LONG
XPL just had a strong breakout to 0.10488 with high volume, then started to correct. The current pullback has not broken the H1 uptrend structure yet, so I still prioritize looking for LONG setups.
LONG PLAN 🟢 | $XPL
Entry: 0.0990–0.1000
SL: 0.0972
TP1: 0.1025
TP2: 0.1050
TP3: 0.1080
Trigger: Wait for price to return to 0.0990–0.1000; when an H1 candle shows a pinbar/wick (rejection) or closes bullish with improved buy volume.
Personal viewpoint:
I choose the 0.0990–0.1000 zone because this is the area price needs to hold to maintain the uptrend structure after the breakout. I will not go LONG immediately when price touches the Entry; I need to see selling pressure weaken and a bullish reaction appear on H1 to confirm that buyers are returning. With that signal, the Entry will offer a better R:R than buying the breakout/ chasing price in the 0.102–0.104 area. If H1 closes below 0.0972, the bullish scenario is invalid and I will cancel the trade.
Invalid: H1 closes below 0.0972.
No FOMO. Wait for confirmation, then enter.
XPL just had a strong breakout to 0.10488 with high volume, then started to correct. The current pullback has not broken the H1 uptrend structure yet, so I still prioritize looking for LONG setups.
LONG PLAN 🟢 | $XPL
Entry: 0.0990–0.1000
SL: 0.0972
TP1: 0.1025
TP2: 0.1050
TP3: 0.1080
Trigger: Wait for price to return to 0.0990–0.1000; when an H1 candle shows a pinbar/wick (rejection) or closes bullish with improved buy volume.
Personal viewpoint:
I choose the 0.0990–0.1000 zone because this is the area price needs to hold to maintain the uptrend structure after the breakout. I will not go LONG immediately when price touches the Entry; I need to see selling pressure weaken and a bullish reaction appear on H1 to confirm that buyers are returning. With that signal, the Entry will offer a better R:R than buying the breakout/ chasing price in the 0.102–0.104 area. If H1 closes below 0.0972, the bullish scenario is invalid and I will cancel the trade.
Invalid: H1 closes below 0.0972.
No FOMO. Wait for confirmation, then enter.
