$BULL_RIDER TECHNICAL ANALYSIS: BULLISH CONTINUATION SETUP
The $BULL_RIDER chart indicates a strong bullish momentum forming with clear higher highs and higher lows. Price action suggests a potential breakout above the recent consolidation zone, making this an ideal long opportunity.
Trade Setup:
Entry (Long): Above the current resistance level
Target 1 (TP1): First major resistance
Target 2 (TP2): Next higher resistance zone
Stop Loss (SL): Below the recent swing low
Risk Management:
Always risk a small percentage of your capital per trade and adjust position size according to your stop loss. Maintain a risk-to-reward ratio of at least 1:2.
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