Entry Signal Confirmed (Hourly Frame)💥🚀💵
3.1. Long Trade
Entry Condition: Candle close above the band marked as support in blue on the 1H chart above 105 200–105 250 with high buying volume (a near-decisive breakout of R1).
Entry Point:
105 250 (after a 1H close above 105 200)
Targets:
105 305 (R1 Daily) – First short target (≈ 80 pips).
106 000–106 018 (R2 Daily) – Second target (≈ 760 pips from 105 250).
Stop Loss (SL):
104 800 (approximately 400 pips below the 23.6% Fibonacci retracement; a recently tested support level).
Note:
When reaching 105,305, try a partial take profit (50%) and then move the SL to 105,250 to secure the remainder.
If the momentum continues above 105,305 with buying volume, the price may extend directly to 106,000.
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3. Entry Signal Confirmed (Hourly Frame)
3.1. Long Trade
Entry Condition: Candle close above the band marked as support in blue on the 1H chart above 105 200–105 250 with high buying volume (a near-decisive breakout of R1).
Entry Point:
105 250 (after a 1H close above 105 200)
Targets:
105 305 (R1 Daily) – First short target (≈ 80 pips).
106 000–106 018 (R2 Daily) – Second target (≈ 760 pips from 105 250).
Stop Loss (SL):
104 800 (approximately 400 pips below the 23.6% Fibonacci retracement; a recently tested support level).
Note:
When reaching 105,305, try a partial take profit (50%) and then move the SL to 105,250 to secure the remainder.
If the momentum continues above 105,305 with buying volume, the price may extend directly to 106,000.