$BZ LONG 1H | Can buyers defend 101.15?
Why it matters: 1H trend is bullish, with price near its fast EMA at 100.77. The 15M trend also points bullish.
My read: The pullback into 101.09–101.22 gives this idea a defined risk test. TP1 maps to 0.98R; a move below 100.61 invalidates the idea.
Entry zone: 101.09–101.22
Stop loss: 100.61
Targets: TP1 101.68 (0.98R) / TP2 103.39 (4.15R) / TP3 103.81 (4.93R)
Scale out: 20% / 30% / 50%
Is 0.98R to TP1 enough for the risk in this plan?
Why it matters: 1H trend is bullish, with price near its fast EMA at 100.77. The 15M trend also points bullish.
My read: The pullback into 101.09–101.22 gives this idea a defined risk test. TP1 maps to 0.98R; a move below 100.61 invalidates the idea.
Entry zone: 101.09–101.22
Stop loss: 100.61
Targets: TP1 101.68 (0.98R) / TP2 103.39 (4.15R) / TP3 103.81 (4.93R)
Scale out: 20% / 30% / 50%
Is 0.98R to TP1 enough for the risk in this plan?