$ARB ā Trade Setup
š¹ Entry Point
Entry 1 (Safer Re-entry): $0.3410 ā Near 25 MA support & previous 24h low.
Entry 2 (Aggressive/Current): $0.3460 ā if showing bullish candle confirmation.
š¢ Take Profit (TP) Levels
1. TP1: $0.3630 ā Near 24h high
2. TP2: $0.3780 ā Resistance before $0.3901
3. TP3: $0.3900 ā Local top and strong resistance level
š“ Stop Loss (SL)
SL 1 (Tight): $0.3360 ā Below MA(25) & minor support
SL 2 (Wider): $0.3100 ā Below MA(99) & structure low
š Risk-Reward Example
For Entry at $0.3410:
SL: $0.3360 (Risk: 0.005)
TP1: $0.3630 (Reward: 0.022)
Risk-Reward Ratio: 4.4:1 ā High-quality trade