DEXE is setting up for a long trade with a 91% confidence level, driven by a 1:1.7 risk-to-reward ratio. Current market conditions indicate a potential breakout.
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🟢 $DEXE LONG 📈
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📍 Entry Range: $2.3776 – $2.3824
🛑 Stop Loss: $2.3086 (-3.0%)
🎯 TP1: $2.4157 (+1.5%)
🏆 TP2: $2.4990 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The CHoCH signal confirms a market structure break, while CVD shows volume is aligning with the direction of the trade. FVG and OB are also in play, with a notable POI confluence where the order block overlaps with the fair value gap, enhancing the setup's validity.
A 3.0% stop loss seems reasonable, allowing for a moderate amount of leverage to be applied without overly exposing the position to potential losses.
Taking partial profit at the first target could be a prudent move to lock in some gains, given the trade's risk profile and the market's current volatility.
Not financial advice — always manage your own risk 🙏
$DEXE #DEXEUSDT #SMC #TradingSignals #Write2Earn
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🟢 $DEXE LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $2.3776 – $2.3824
🛑 Stop Loss: $2.3086 (-3.0%)
🎯 TP1: $2.4157 (+1.5%)
🏆 TP2: $2.4990 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
The CHoCH signal confirms a market structure break, while CVD shows volume is aligning with the direction of the trade. FVG and OB are also in play, with a notable POI confluence where the order block overlaps with the fair value gap, enhancing the setup's validity.
A 3.0% stop loss seems reasonable, allowing for a moderate amount of leverage to be applied without overly exposing the position to potential losses.
Taking partial profit at the first target could be a prudent move to lock in some gains, given the trade's risk profile and the market's current volatility.
Not financial advice — always manage your own risk 🙏
$DEXE #DEXEUSDT #SMC #TradingSignals #Write2Earn