$LAB | 🟢 LONG — 1H bullish structure, but moving against the daily trend
$LAB is forming a bullish structure on the 1H timeframe, with price above the EMA50 and EMA200. However, the daily trend remains bearish, making this a LONG setup against the primary trend and therefore higher risk.
📍 LONG plan
* Entry: 0.0546631 – 0.0548769
* TP1: 0.0564157 (+3.0%)
* TP2: 0.0575128 (+5.0%)
* TP3: 0.0591584 (+8.0%)
* SL: 0.0525758 (-4.0%)
📈 Key levels to watch: The checklist shows 6/12 signals in agreement and 1 opposing signal. The 15M ADX is 31.0, with DI+ at 59.9, indicating that buyers are driving short-term volatility. The 4H RSI is 56.3, leaning slightly toward buyers. Even so, price remains below the EMA50 and EMA200 on the daily timeframe, so the current rise may only be a rebound within a broader downtrend.
According to the plan, enter only within the Entry zone, take 50% profit at TP1, then move the SL to the entry point. Since this trade goes against the daily trend, reduce position size and strictly follow stop-loss discipline. The setup is invalidated at 0.0525758.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN 👇
$LAB is forming a bullish structure on the 1H timeframe, with price above the EMA50 and EMA200. However, the daily trend remains bearish, making this a LONG setup against the primary trend and therefore higher risk.
📍 LONG plan
* Entry: 0.0546631 – 0.0548769
* TP1: 0.0564157 (+3.0%)
* TP2: 0.0575128 (+5.0%)
* TP3: 0.0591584 (+8.0%)
* SL: 0.0525758 (-4.0%)
📈 Key levels to watch: The checklist shows 6/12 signals in agreement and 1 opposing signal. The 15M ADX is 31.0, with DI+ at 59.9, indicating that buyers are driving short-term volatility. The 4H RSI is 56.3, leaning slightly toward buyers. Even so, price remains below the EMA50 and EMA200 on the daily timeframe, so the current rise may only be a rebound within a broader downtrend.
According to the plan, enter only within the Entry zone, take 50% profit at TP1, then move the SL to the entry point. Since this trade goes against the daily trend, reduce position size and strictly follow stop-loss discipline. The setup is invalidated at 0.0525758.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN 👇