๐จ Trade Setup โ $CAKE
๐ Entry Zone
Look to enter between 2.293 and 2.305 for a favorable low-risk position.
๐ป Stop-Loss
Set SL at 2.17835 to minimize downside exposure.
๐ฏ Profit Targets:
โข TP1: 2.52 โ Shift SL to breakeven
โข TP2: 2.646
โข TP3: 2.772 ๐
๐ RiskโReward Ratio
Estimated at 1.7:1 โ strong setup with attractive potential.
๐ง Strategy Notes:
Once TP1 hits, secure your position by adjusting SL to entry. Consider partial exits on strength while riding momentum.
โ ๏ธ Disclaimer
This is not financial advice. Please DYOR and manage risk accordingly.
