$TRUMP is sitting around 2.085, and I’m not interested in buying simply because price is green. The 2.00 area is the level I’d watch for a liquidity sweep. If sellers push price below it but buyers quickly reclaim the range, that could give me the setup I’m looking for.
Entry: 2.04–2.08
Confirmation: Reclaim 2.10 and hold above it
SL: 1.98
TP1: 2.16
TP2: 2.24
TP3: 2.35
TP4: 2.50
Around 2.06 entry, that gives roughly 1.25R, 2.25R, 3.6R and 5.5R.
The important part for me is how price reacts around 2.00–2.10. If 2.10 breaks without convincing volume, I won’t chase it. If price accepts below 1.98, the idea is invalid. Conditional setup only.
Entry: 2.04–2.08
Confirmation: Reclaim 2.10 and hold above it
SL: 1.98
TP1: 2.16
TP2: 2.24
TP3: 2.35
TP4: 2.50
Around 2.06 entry, that gives roughly 1.25R, 2.25R, 3.6R and 5.5R.
The important part for me is how price reacts around 2.00–2.10. If 2.10 breaks without convincing volume, I won’t chase it. If price accepts below 1.98, the idea is invalid. Conditional setup only.