🚀 SAPIEN Trade Setup: Clean Reaction Bounce 📈

📝 Key Levels and Parameters

Trade Type: Long (Buy)

Trade Thesis: Clean reaction/bounce from support.

Entry Zone (Long): 0.138→0.145 (Wait for a pullback to this zone.)

Stop Loss (SL): 0.126

Take Profit 1 (TP1): 0.150

Take Profit 2 (TP2): 0.160

Take Profit 3 (TP3): 0.185 (Requires strong volume for this target.)

The trade thesis is that although a strong trend is not yet established, the price has reacted positively to a critical support level. The trade is a bet on this bounce continuing to test higher resistance areas. The final target (0.185) will require strong volume to break through previous selling pressure.

🛡️ Risk and Profit Management (Using Center Entry ≈0.1415)

Risk Per Trade: Using the center entry of 0.1415, the risk distance to the SL is 0.1415−0.126=0.0155. This is a modest risk.

Profit Lock Action: Once the price successfully hits TP1 (0.150), you must immediately move your Stop Loss up to your Entry Price (≈0.1415). This action secures a risk-free position for the push toward TP2 and TP3.

Risk/Reward Ratio (R:R): Using the center entry (0.1415) and the final target (0.185), the potential reward is 0.0435. The R:R is 1:2.8 (risking 0.0155 to gain 0.0435), which is a very favorable ratio.