$GAS
Entry: Buy at 4.104 (current price) or on a pullback to 3.500 (CHOCH level) with confirmation (e.g., candlestick reversal pattern)
• Stop Loss: Place below 2.500 (BOS level) for a strong risk management point
• Take Profit:
• TP1: 4.104 (break-even after initial move).
• TP2: 4.5 (next resistance zone).
• TP3: 5.224 (Weak High)
• Risk-to-Reward Ratio: Aim for at least 1:2 (adjust based on entry point).
• Position Size: Calculate based on 1-2% risk of your account, with stop loss distance.
• Confirmation: Wait for a bullish candle close above 3.5 or a retest of 3.5 with volume increase
• Exit Strategy: Scale out at TP1 and TP2, let remainder run to TP3 or trail stop above 4.5