$ARIA Selling Opportunity.
ARIA is showing bearish momentum on the 1H timeframe. I've marked a strong support zone, and I believe the market could break below it. If that happens, we may get a significant selling opportunity.
My Strategy:
I'll wait for a confirmed breakdown before considering an entry.
Entry: 0.16745 – 0.15739
Stop Loss: 0.20547
If the market moves against my position, I'll keep the stop loss in place and follow the setup properly. If the market moves in my favor, I'll gradually trail my stop loss toward the entry level.
Targets:
- TP1: 0.10834 — I'll close 50% of my position here.
- TP2: 0.06938 — I'll hold the remaining position until this final target.
I've designed this trade setup with a 1:2.58 risk-to-reward ratio. Hopefully, the market follows the plan and reaches both targets.
ARIA is showing bearish momentum on the 1H timeframe. I've marked a strong support zone, and I believe the market could break below it. If that happens, we may get a significant selling opportunity.
My Strategy:
I'll wait for a confirmed breakdown before considering an entry.
Entry: 0.16745 – 0.15739
Stop Loss: 0.20547
If the market moves against my position, I'll keep the stop loss in place and follow the setup properly. If the market moves in my favor, I'll gradually trail my stop loss toward the entry level.
Targets:
- TP1: 0.10834 — I'll close 50% of my position here.
- TP2: 0.06938 — I'll hold the remaining position until this final target.
I've designed this trade setup with a 1:2.58 risk-to-reward ratio. Hopefully, the market follows the plan and reaches both targets.
