$RED — Falling Wedge Compression Near 0.1722, Breakout Retest Loading 📈
Trade Plan: Long $RED
Entry: 0.175 - 0.180
SL: 0.1718
TP: 0.1844 | 0.1915 | 0.1988
Why this Setup?
Price is compressing inside a falling wedge after the strong upside impulse, with buyers defending the 0.175 - 0.177 zone. A wedge breakout followed by a successful retest could trigger the next expansion toward 0.1844, 0.1915 and 0.1988. As long as 0.1718 holds, the bullish setup remains valid.
Trade $RED here 👇
Trade Plan: Long $RED
Entry: 0.175 - 0.180
SL: 0.1718
TP: 0.1844 | 0.1915 | 0.1988
Why this Setup?
Price is compressing inside a falling wedge after the strong upside impulse, with buyers defending the 0.175 - 0.177 zone. A wedge breakout followed by a successful retest could trigger the next expansion toward 0.1844, 0.1915 and 0.1988. As long as 0.1718 holds, the bullish setup remains valid.
Trade $RED here 👇
