#OrderTypes101 📈 Intraday Trading Signal
✅ Scenario: Breakout Trade (Bullish Bias if breakout occurs above 1.52)
Entry Point:
🔹 Buy if price breaks above 1.520 with volume confirmation.
Stop-Loss:
🔻 Below consolidation range at 1.470 (tight risk, below recent lows).
Take-Profit Targets:
TP1: 1.580 (previous minor swing high)
TP2: 1.650 (pre-drop resistance area)
TP3: 1.720 (strong resistance block)
🚨 Alternative: Breakdown Trade (if price falls below 1.46)
Entry Point:
🔹 Sell/Short below 1.460 with volume confirmation.
Stop-Loss:
🔺 Above range: 1.500
Take-Profit Targets:
TP1: 1.400
TP2: 1.360 (previous reaction zone)
TP3: 1.300 (historical support)
🔄 Summary:
Direction Entry Stop-Loss TP1 TP2 TP3
Bullish > 1.520 < 1.470 1.580 1.650 1.720
Bearish < 1.460 > 1.500 1.400 1.360 1.300
📌 Tips:
Wait for a 5-minute candle close above/below entry trigger with volume > average.
Manage risk: don't exceed 1–2% capital risk per trade.
🎁 $BP0S6V1045