POPCATUSDT SPOTLong
POPCAT/USDT
Updated
Title: 📈 Falling Wedge Breakout with Daily Order Block Reaction | R:R 3.16 🚀
Idea:
Current Market Price (CMP)
- Pattern: Falling Wedge breakout on 4hr TF.
- Confluence: Price reacted at Daily Order Block, aligning with the support level.
- Target: 1.7300 (4H resistance).
- Risk-to-Reward (R:R): 3.16
Technical Analysis:
- A falling wedge signals a potential bullish reversal.
- Price bounced strongly from a key support level, breaking out of the wedge.
- Entry at CMP is supported by a clear reaction at the Order Block, further validating bullish momentum.
Plan:
- Entry: cmp
- Stop Loss: Below support (adjust based on your risk tolerance).
- Take Profit: 1.7300
Disclaimer:
This idea is for educational purposes only and not financial advice. Trade at your own risk. Always use proper risk management.
Your thoughts? Let’s discuss below! 🚀💬
Idea:
Current Market Price (CMP)
- Pattern: Falling Wedge breakout on 4hr TF.
- Confluence: Price reacted at Daily Order Block, aligning with the support level.
- Target: 1.7300 (4H resistance).
- Risk-to-Reward (R:R): 3.16
Technical Analysis:
- A falling wedge signals a potential bullish reversal.
- Price bounced strongly from a key support level, breaking out of the wedge.
- Entry at CMP is supported by a clear reaction at the Order Block, further validating bullish momentum.
Plan:
- Entry: cmp
- Stop Loss: Below support (adjust based on your risk tolerance).
- Take Profit: 1.7300
Disclaimer:
This idea is for educational purposes only and not financial advice. Trade at your own risk. Always use proper risk management.
Your thoughts? Let’s discuss below! 🚀💬
Trade closed: stop reached
Disclaimer
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