PENDLE is testing a bullish zone near the 1.85 level after a sharp rally. The price is poised to retest the broken swing high.
đą $PENDLE LONG đ
Entry $1.7413-$1.7447 | SL $1.6907 (-3.0%) | TP1 $1.7691 (+1.5%) | TP2 $1.8302 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the descending structure, and the order block at 1.80 aligns with a fair value gap that the CVD shows strong buying pressure. The overlap of the order block and the FVG creates a point of interest, confirming the bullish bias. With volume backing the move, the setup looks ready to push toward the target.
A 3.0% stop is relatively tight on a 1.7 R/R trade, so keep leverage around 2-3x.
Take a partial at the first profit zone around 2.00 to lock in early gains.
DYOR â this isn't financial advice, size your risk accordingly đ
$PENDLE #PENDLEUSDT #SMC #TradingSignals #Write2Earn
đą $PENDLE LONG đ
Entry $1.7413-$1.7447 | SL $1.6907 (-3.0%) | TP1 $1.7691 (+1.5%) | TP2 $1.8302 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the descending structure, and the order block at 1.80 aligns with a fair value gap that the CVD shows strong buying pressure. The overlap of the order block and the FVG creates a point of interest, confirming the bullish bias. With volume backing the move, the setup looks ready to push toward the target.
A 3.0% stop is relatively tight on a 1.7 R/R trade, so keep leverage around 2-3x.
Take a partial at the first profit zone around 2.00 to lock in early gains.
DYOR â this isn't financial advice, size your risk accordingly đ
$PENDLE #PENDLEUSDT #SMC #TradingSignals #Write2Earn