$BSW 🚀 🚀 BULLISH MOMENTUM 🚀 🔥
BSW
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Technical Analysis
1. Chart Structure: Coiling Phase
BSW has been forming a tight symmetrical triangle or descending wedge on the 4H and 1D charts.
🌎 Trade Setup Details
Type: Swing Trade – Breakout Setup
Criteria Levels/Indicators
⚠️ Entry $0.0340–$0.0345 (current zone, front-run breakout)
Stop Loss $0.0315
🍭 Target 1 $0.0365
🍭 Target 2 $0.0398
🍭 Target 3 $0.0450
⚠️ Risk-Reward Ratio: ~1:2.8
🔊 Extra Tip:
Watch for bullish engulfing candle or break of descending trendline on the 4H chart with follow-up volume. This would confirm a stronger breakout with reduced downside risk.