TRIA is poised for a significant move after breaking out of its market structure, with volume confirming direction. This long setup is looking increasingly compelling, with multiple signals firing in unison.
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$TRIA LONG 📈
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📍 Entry Range: $0.008882 – $0.008900
🛑 Stop Loss: $0.008624 (-3.0%)
🎯 TP1: $0.009024 (+1.5%)
🏆 TP2: $0.009336 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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The combination of a CHoCH market structure break, CVD, FVG, and an OB, all converging at a point of liquidity sweep and POI confluence, makes for a high-confidence setup. The fact that volume is confirming the direction adds to the conviction, suggesting a strong foundation for this move. The overlap of OB and FVG particularly highlights the potential for a significant push upwards.
Given the 3.0% stop loss, which is on the tighter side, using a moderate amount of leverage is advisable to maximize potential returns while keeping risk in check, fitting a risk/reward ratio of 1:1.7.
Taking partial profits at the first target point will help lock in some gains and reduce exposure, allowing for a more stress-free ride as the trade potentially continues to unfold in favor of the long position.
Not financial advice — always manage your own risk 🙏
$TRIA #TRIAUSDT #dyor #TradingSignals #Write2Earn