📊 Technical scenarios with success rates:
1. Bullish continuation and resistance breakout scenario (Long) 📈
Success rate: 60%
📌Activation and entry conditions:
Price holds and respects the nearby support zone at 0.03650 - 0.03750 without breaking below it.
Or a clear 15-minute candle closes above the local resistance at 0.03950.
🎯Price targets (Take Profit):
First target: 0.04150
Second target: 0.04400
🚫Stop Loss: A 15-minute candle closes below 0.03550.
2. Bearish correction and profit-taking scenario (Short) 📉
Success rate: 40%
📌Activation and entry conditions:
Price fails to break through resistance, with increased selling pressure in the order book.
A clear break and a 15-minute candle holding below the local support level of 0.03600.
🎯Price targets (Take Profit):
First target: 0.03350
Second target: 0.03100
🚫Stop Loss: A 15-minute candle closes above 0.03920.
⚠️ Strict risk management: Given the high volatility and significant price fluctuations in futures contracts, strictly adhere to the stop-loss rule based on a 15-minute candle close, and avoid excessive leverage to protect your capital.
#BMT #long #short
1. Bullish continuation and resistance breakout scenario (Long) 📈
Success rate: 60%
📌Activation and entry conditions:
Price holds and respects the nearby support zone at 0.03650 - 0.03750 without breaking below it.
Or a clear 15-minute candle closes above the local resistance at 0.03950.
🎯Price targets (Take Profit):
First target: 0.04150
Second target: 0.04400
🚫Stop Loss: A 15-minute candle closes below 0.03550.
2. Bearish correction and profit-taking scenario (Short) 📉
Success rate: 40%
📌Activation and entry conditions:
Price fails to break through resistance, with increased selling pressure in the order book.
A clear break and a 15-minute candle holding below the local support level of 0.03600.
🎯Price targets (Take Profit):
First target: 0.03350
Second target: 0.03100
🚫Stop Loss: A 15-minute candle closes above 0.03920.
⚠️ Strict risk management: Given the high volatility and significant price fluctuations in futures contracts, strictly adhere to the stop-loss rule based on a 15-minute candle close, and avoid excessive leverage to protect your capital.
#BMT #long #short