$GALA /USDT.
๐งพ Setup Summary
TypeValueEntry (EP Buy Stop)0.02078Take Profit 1 (TP1)0.02200Stop Loss (SL)0.01750
๐น๏ธ Price Levels & Structure
LabelPriceDescriptionEP0.02078Buy Stop Entry (just above resistance or recent high)TP10.02200First profit target โ previous resistance zoneSL0.01750Below the recent higher low (HL) and local supportHL0.01850Higher low โ price must hold to sustain bullish trendLL0.01750Lowest low in recent structure โ SL regionHH0.02000Higher high confirmation areaLH0.02078Lower high before breakout (acts as resistance)
๐ Trade Idea
๐ Bullish Breakout Play
You are looking for price to break above the lower high at 0.02078.
If that happens, it signals momentum, targeting TP1: 0.02200.
Stop loss at 0.01750 protects you in case of a failed breakout (back below key structure).
โ Risk-Reward Ratio (RRR)
Risk: 0.02078 โ 0.01750 = 0.00328
Reward (TP1): 0.02200 โ 0.02078 = 0.00122
RRR (TP1 only): ~1:0.37 โ Low
๐ You might want to:
Set TP2 around 0.02300 or higher for better RRR
Trail stop above breakeven after reaching TP1
๐ง Tips
Confirm breakout with volume on the 1H candle.
Consider watching 15m for fakeouts or front-running.
You can also lower risk by entering earlier on a pullback to 0.0200 with tight stop.
Would you like me to create a full multi-TP trading plan (TP2/TP3) or add short-term indicators to help confirm this setup?
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