Signal!!!
Trading Signal (Intraday - Bullish Reversal Play):
Strategy: Long (Buy)
Entry Point:
Around $76,800 – $77,000, confirming bullish follow-through from the bounce.
Stop-Loss:
Below the recent low and lower Bollinger Band: $73,800
(Slightly under the recent bottom to avoid stop-hunting)
Take-Profit Targets:
TP1: $78,900 (Middle Bollinger Band – minor resistance)
TP2: $81,800 (Resistance from earlier support flip)
TP3: $83,500 (Near upper Bollinger Band – aggressive target)
Entry, Stop-Loss & Take-Profit
Entry Point:
Ideal short entry: $77,200–$77,600
This is near the resistance zone (20 EMA and previous rejection candles)
Stop-Loss:
Just above key resistance: $78,900
This is the middle Bollinger Band and potential breakout area
Take-Profit Targets:
TP1: $75,200 (recent short-term support)
TP2: $74,000 (Bollinger Band lower limit)
TP3 (Aggressive): $72,800 (psychological and historic support)