$BIRB
1️⃣ Bullish continuation and breakout of the high scenario (Long / Parabolic Continuation) 📈
Success rate: 60% - 65%
📌 Activation and entry conditions:
Price holds and respects the nearby support zone at 0.0980 - 0.0995 without breaking below it.
Alternatively, confirm entry with a clear 15-minute candle close above the local high at 0.1054.
🎯 Price targets (Take Profit):
First target: 0.1120
Second target: 0.1200
🚫 Stop Loss: A 15-minute candle close below 0.0965.
2️⃣ Bearish correction and profit-taking scenario (Short / Overbought Correction) 📉
Success rate: 55% - 60%
📌 Activation and entry conditions:
Price fails to break through current resistance levels, while the MACD remains in a neutral-to-negative range (-0.00009).
A clear break and a 15-minute candle close below the key support level at 0.0980.
🎯 Price targets (Take Profit):
First target: 0.0920
Second target: 0.0875
🚫 Stop Loss: A 15-minute candle close above 0.1065.
⚠️ Strict risk management:
Strictly avoid risking more than 1-2% of total capital on any single trade.
Monitor trading volumes (Volume) and order book activity at support and resistance levels to avoid false breakouts.
#short #long #BIRB
1️⃣ Bullish continuation and breakout of the high scenario (Long / Parabolic Continuation) 📈
Success rate: 60% - 65%
📌 Activation and entry conditions:
Price holds and respects the nearby support zone at 0.0980 - 0.0995 without breaking below it.
Alternatively, confirm entry with a clear 15-minute candle close above the local high at 0.1054.
🎯 Price targets (Take Profit):
First target: 0.1120
Second target: 0.1200
🚫 Stop Loss: A 15-minute candle close below 0.0965.
2️⃣ Bearish correction and profit-taking scenario (Short / Overbought Correction) 📉
Success rate: 55% - 60%
📌 Activation and entry conditions:
Price fails to break through current resistance levels, while the MACD remains in a neutral-to-negative range (-0.00009).
A clear break and a 15-minute candle close below the key support level at 0.0980.
🎯 Price targets (Take Profit):
First target: 0.0920
Second target: 0.0875
🚫 Stop Loss: A 15-minute candle close above 0.1065.
⚠️ Strict risk management:
Strictly avoid risking more than 1-2% of total capital on any single trade.
Monitor trading volumes (Volume) and order book activity at support and resistance levels to avoid false breakouts.
#short #long #BIRB
