Entry – 1.16116
This is where I’m interested in buying. I want to see price confirm momentum — maybe a bullish engulfing candle or a clean breakout and retest.
Stop Loss – 1.15804
If price drops back below that level, it’s a clear sign my idea isn’t playing out — and I’d rather take a small loss than hold and hope.
🎯 Take Profit – 1.16840
My target is set around the next resistance zone, where price might start slowing down or meeting sellers.
That gives me a solid risk-to-reward ratio of about 1:2.3, meaning I’m risking 1% to aim for roughly 2.3% profit.
I’ll be patient for confirmation before entering — no rush.
The goal isn’t just to catch a move; it’s to take a high-probability trade where risk is clearly defined.
This is where I’m interested in buying. I want to see price confirm momentum — maybe a bullish engulfing candle or a clean breakout and retest.
Stop Loss – 1.15804
If price drops back below that level, it’s a clear sign my idea isn’t playing out — and I’d rather take a small loss than hold and hope.
🎯 Take Profit – 1.16840
My target is set around the next resistance zone, where price might start slowing down or meeting sellers.
That gives me a solid risk-to-reward ratio of about 1:2.3, meaning I’m risking 1% to aim for roughly 2.3% profit.
I’ll be patient for confirmation before entering — no rush.
The goal isn’t just to catch a move; it’s to take a high-probability trade where risk is clearly defined.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.