The window and the “real hammer” are right in front of us. This $VELVET short-term structure really is worth a closer look. In the one-hour timeframe, the price is above EMA50 and EMA200, and the moving averages are in a bullish alignment—clearly, the buyers are dominating the pace. With ADX together with the DI readings, the bias still leans toward the buyers. On the four-hour chart, RSI stays comfortably above 55, and momentum hasn’t faded.
That said, everyone should be clear: the higher-level daily trend is still down. So this is a counter-trend trade—position sizing must be kept small, and the stop-loss can’t be loosened. Once the key level is held, the upside space becomes valid. My own approach is to participate with a light position size, lock in the risk, and let the market do the rest.
🟢 Trade Direction: Long
📍 Entry Range: 0.0751175 – 0.0756495
🛑 Stop Loss: 0.0707575
🎯 Take Profit 1: 0.0788531
🎯 Take Profit 2: 0.0811661
🎯 Take Profit 3: 0.0846357
In calm waters, deep foresight is hidden; when markets rise and fall, they do so calmly.
Walk with Fei Jie and read the pulse of wealth as the tide surges.
#VELVET
Click below to trade 👇
That said, everyone should be clear: the higher-level daily trend is still down. So this is a counter-trend trade—position sizing must be kept small, and the stop-loss can’t be loosened. Once the key level is held, the upside space becomes valid. My own approach is to participate with a light position size, lock in the risk, and let the market do the rest.
🟢 Trade Direction: Long
📍 Entry Range: 0.0751175 – 0.0756495
🛑 Stop Loss: 0.0707575
🎯 Take Profit 1: 0.0788531
🎯 Take Profit 2: 0.0811661
🎯 Take Profit 3: 0.0846357
In calm waters, deep foresight is hidden; when markets rise and fall, they do so calmly.
Walk with Fei Jie and read the pulse of wealth as the tide surges.
#VELVET
Click below to trade 👇