$VELVET Long 10x | Planned zone hit, invalidation is clean.
VELVET finally traded back into the zone I mapped out, and that is exactly where I want to engage. I am already in this long with a defined line in the sand that keeps the risk honest.
Trade Plan:
- Entry: 0.10240 – 0.10300
- TP1: 0.10470 (R:R 1:0.7)
- TP2: 0.10600 (R:R 1:1.2)
- TP3: 0.10810 (R:R 1:2.0)
- SL: 0.10000
Why this setup?
- The 4h structure still backs the long thesis, and price is reacting inside my target pocket: 0.10240–0.10300 near 0.10270.
- 15m RSI at 50 shows neutral momentum, which leaves the door open for upside without being overbought; the zone still needs to confirm.
- Volume is telling: 1.71x with 419.37K traded against 245.35K expected, so the move has real participation behind it.
My call. Your execution..
Trade here 👇 and After TP1, do you lock in partials and trail, or hold the full position and let the invalidation decide?
VELVET finally traded back into the zone I mapped out, and that is exactly where I want to engage. I am already in this long with a defined line in the sand that keeps the risk honest.
Trade Plan:
- Entry: 0.10240 – 0.10300
- TP1: 0.10470 (R:R 1:0.7)
- TP2: 0.10600 (R:R 1:1.2)
- TP3: 0.10810 (R:R 1:2.0)
- SL: 0.10000
Why this setup?
- The 4h structure still backs the long thesis, and price is reacting inside my target pocket: 0.10240–0.10300 near 0.10270.
- 15m RSI at 50 shows neutral momentum, which leaves the door open for upside without being overbought; the zone still needs to confirm.
- Volume is telling: 1.71x with 419.37K traded against 245.35K expected, so the move has real participation behind it.
My call. Your execution..
Trade here 👇 and After TP1, do you lock in partials and trail, or hold the full position and let the invalidation decide?
