$JASMY
Quick read of what the chart tells us
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Trade setups (H1)
Bullish — Aggressive (counter-trend scalp)
• Entry: 0.00776 (now)
• Stop Loss: 0.007538 (just below recent low)
• Targets: T1 = 0.00820 (near first resistance / MA area), T2 = 0.00850, T3 = 0.00887 (previous high)
• Why: Stochastic oversold + possible bounce off 0.007538.
• R:R: T1 ≈ 2.0, T2 ≈ 3.35 (good reward if price holds above the low).
• Risk note: This is risky (against the trend). Use small size.
Bullish — Conservative (confirmation entry)
• Entry: 0.00800 (wait for a break above the short pullback)
• Stop Loss: 0.00760
• Targets: T1 = 0.00820, T2 = 0.00850, T3 = 0.00887
• Why: Waits for momentum shift / rejection of the resistance zone to flip bias.
• R:R: T1 ≈ 0.5 (scalp), T2 ≈ 1.25 (better) — only take if setup meets your R:R rules.
Bearish — Continuation (trend trade)
• Entry (preferred): 0.00810 on a pullback to the MA25/MA99 zone (or a rejection candle there)
• Stop Loss: 0.00830 (above the resistance cluster)
• Targets: T1 = 0.00754 (recent low), T2 = 0.00720, T3 = 0.00680 (next structural zones)
• Why: Market is in a downtrend; safer to short on a pullback to resistance rather than chase a long.
• R:R: T1 ≈ 2.8, T2 ≈ 4.5 — attractive if price gives a clean rejection.
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Practical rules & risk management
1. Position size: risk only 0.5–2% of account per trade (depending on your tolerance).
2. Stop discipline: place stop orders; don’t move stops to avoid losses.
3. Confirmations: prefer a clear candlestick rejection (pin bar, engulfing) at entries, or volume confirmation on the move.
4. If price breaks below 0.00753 with conviction: aggressive longs are invalidated — look to flip to shorts or wait for a bigger retrace.
5. Multiple timeframes: check 4H for alignment — if 4H bias is strongly down, favor the bearish continuation setup.
6. Leverage: if using leverage, reduce position size (higher leverage = smaller allowable stop distance to keep risk constant).