$BSP is holding near the top after a powerful breakout.
On the 1H chart, price surged from around 33 to 41.95 and then started consolidating just above 40.25. That hold is interesting because buyers haven’t given back much of the move. I’d watch the range instead of chasing the spike.
Entry: 40.30 – 40.90
TP: 41.95 / 43.00 / 44.50
SL: 39.70
If 40.30 holds, another test of 41.95 looks possible. Lose 39.70 and I’d step aside.
NFA. Manage risk.
Trade Here On $BSP 👇
On the 1H chart, price surged from around 33 to 41.95 and then started consolidating just above 40.25. That hold is interesting because buyers haven’t given back much of the move. I’d watch the range instead of chasing the spike.
Entry: 40.30 – 40.90
TP: 41.95 / 43.00 / 44.50
SL: 39.70
If 40.30 holds, another test of 41.95 looks possible. Lose 39.70 and I’d step aside.
NFA. Manage risk.
Trade Here On $BSP 👇