USD, 1H - Trade idea
Long Setup (Continuation Play)
• Entry Zone: 103,350–103,500
• SL: 102,480
• TP1: 104,600
• TP2: 105,100
• Risk-Reward: ~1:2.5
Optional Hedge Short (only if rejection at red zone)
• Short Zone: 104,600–105,100
• SL: 105,200
• TP: 103,400 / 102,800
Analysis (BTCUSD, 1H):
• Trend: Still within an uptrend channel with higher lows intact. Price is bouncing from mid-channel support.
• RSI (14): Neutral (50.25), attempting to reclaim the 50-level. No divergence present.
• MACD: Bearish momentum weakening. Histogram flattening, possible bullish crossover setting up.
• EMA Cluster (50/100): Price held the dynamic support zone. This remains a valid reaction point.
• Structure: Long wick into demand zone and bounce from mid-channel suggests buyers are still active.
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