Trade Setup: Entry Range: 0.0280 – 0.0300 (pullback to support) SL: 0.0245 (below the recent low at 0.0229 + margin) TP1: 0.0360 (below the resistance at 0.0372) TP2: 0.0420 (breakout zone) TP3: 0.0500 (psychological level)
Arrows to draw on your daily chart:
· Entry arrow → horizontal from 0.0280 to 0.0300. · Stop loss → horizontal line at 0.0245, red flag. · Take profits → lines at 0.0360, 0.0420, 0.0500, green flags. · Directional arrow → upward from the entry zone.
Quick analysis:
· Price above MA7 (not visible but estimated at ~0.027) → uptrend. · Strong volume (570M AI), no bearish divergence. · Likely pullback to 0.0280 before a new impulse. · RR ratio: risk ~0.005 (0.0300→0.0245) for gain ~0.020 (0.0300→0.0500) → 1:4.
Risk: Daily close below 0.0245 invalidates the setup. Monitor volume at the 0.0372 breakout.$AI