#BreakoutTradingStrategy
Trading opportunity on $NEIRO currency
A breakout model worth following 🔎
🔹 Entry zone:
From 0.00041950 to 0.00042100 (after confirming the breakout)
🎯 Profit targets:
First target (TP1): 0.00042800
Second target (TP2): 0.00043500
🛑 Stop loss (SL):
0.00041400 (below the last price low)
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📈 Brief technical analysis:
The price is testing strong resistance, and the breakout gives a strong entry signal provided it is confirmed with good trading volume.
The risk-to-reward ratio is excellent, but be careful not to enter before closing above the resistance.
⚠️ Advice: Stick to capital management and do not enter a trade without a clear plan.