$VELVET LONG TP: 0.4600 → 0.4800 → 0.5000 → 0.5200
📍 Entry Zone: 0.4200 – 0.4320
(bullish order block + discount zone + potential liquidity sweep)
🛑 Stop Loss * Below 0.3940
(below higher-timeframe demand and structural liquidity)
🎯 Take Profits
* TP1: 0.4600 → recent resistance
* TP2: 0.4800 → equal highs / buy-side liquidity
* TP3: 0.5000 → psychological level
* TP4: 0.5200 → major supply zone
📈 Trade Bias: Bullish on the 1H/4H, but waiting for a pullback into the entry zone offers a higher-probability and better risk-to-reward setup than buying at the current price around 0.4460.
Long $VELVET here 👇🏻👇🏻
📍 Entry Zone: 0.4200 – 0.4320
(bullish order block + discount zone + potential liquidity sweep)
🛑 Stop Loss * Below 0.3940
(below higher-timeframe demand and structural liquidity)
🎯 Take Profits
* TP1: 0.4600 → recent resistance
* TP2: 0.4800 → equal highs / buy-side liquidity
* TP3: 0.5000 → psychological level
* TP4: 0.5200 → major supply zone
📈 Trade Bias: Bullish on the 1H/4H, but waiting for a pullback into the entry zone offers a higher-probability and better risk-to-reward setup than buying at the current price around 0.4460.
Long $VELVET here 👇🏻👇🏻