$EDGE long: 0.293 is the 4H support buyers have to defend.
This is a bounce attempt under the trend, so I'm watching the reaction here, not chasing. Lose 0.289 and the idea is done for me.
What I'm seeing:
- 4H price 0.293 sits below the EMA50 at 0.333, so the stop matters here
- Risk 1.3% to SL vs 2.2% to TP3, about 1.6R if the full move plays out
- 1H RSI 38, momentum has reset with room to bounce
🟢 LONG · Entry 0.2926–0.2932 · TP 0.2953 / 0.2968 / 0.2992 · SL 0.2890
NFA · DYOR
This is a bounce attempt under the trend, so I'm watching the reaction here, not chasing. Lose 0.289 and the idea is done for me.
What I'm seeing:
- 4H price 0.293 sits below the EMA50 at 0.333, so the stop matters here
- Risk 1.3% to SL vs 2.2% to TP3, about 1.6R if the full move plays out
- 1H RSI 38, momentum has reset with room to bounce
🟢 LONG · Entry 0.2926–0.2932 · TP 0.2953 / 0.2968 / 0.2992 · SL 0.2890
NFA · DYOR