$TAKE Perpetual ICT + SMC + Elliott Wave + Fibonacci Analysis
Entry: 0.0600–0.0640
Stop Loss: 0.0545
Take Profit 1: 0.0780
Take Profit 2: 0.0895
Take Profit 3: 0.1020
Trade Title: TAKEUSDT Bullish Continuation Setup – Ride Wave 5 Momentum
$TAKE remains strongly bullish across the 4H, 1H, and 1D timeframes. ICT/SMC structure shows a decisive Break of Structure (BOS) followed by sustained displacement, confirming institutional buying. Price is trading above previous liquidity pools after sweeping buy-side liquidity, while volume expansion validates the breakout. Elliott Wave analysis suggests Wave 5 is currently unfolding after a completed Wave 4 consolidation, though RSI above 80 signals short-term overheating and the possibility of a brief retracement before continuation. Fibonacci retracement projects the 0.382–0.5 zone (approximately 0.0600–0.0560) as the strongest premium entry if price pulls back. Holding above this demand zone keeps the bullish structure intact. Conservative traders should wait for bullish confirmation before re-entry.
Trade $TAKE here 👇🏻👇🏻
Entry: 0.0600–0.0640
Stop Loss: 0.0545
Take Profit 1: 0.0780
Take Profit 2: 0.0895
Take Profit 3: 0.1020
Trade Title: TAKEUSDT Bullish Continuation Setup – Ride Wave 5 Momentum
$TAKE remains strongly bullish across the 4H, 1H, and 1D timeframes. ICT/SMC structure shows a decisive Break of Structure (BOS) followed by sustained displacement, confirming institutional buying. Price is trading above previous liquidity pools after sweeping buy-side liquidity, while volume expansion validates the breakout. Elliott Wave analysis suggests Wave 5 is currently unfolding after a completed Wave 4 consolidation, though RSI above 80 signals short-term overheating and the possibility of a brief retracement before continuation. Fibonacci retracement projects the 0.382–0.5 zone (approximately 0.0600–0.0560) as the strongest premium entry if price pulls back. Holding above this demand zone keeps the bullish structure intact. Conservative traders should wait for bullish confirmation before re-entry.
Trade $TAKE here 👇🏻👇🏻