$RED - Strong breakout on the four-hour chart! 🚀
The pair $RED has surged with a strong green candle on the four-hour chart, reclaiming its previous highs and indicating renewed bullish momentum. After a stable base near 0.2700, the pair is heading towards a key resistance level with strong confirmation on trading volume. A breakout above 0.3232 may trigger a rapid rise.
Key levels:
• Support: 0.2850
• Resistance: 0.3232
Trading settings:
• Entry zone: 0.3100 - 0.3200
• 🎯 TP1: 0.3400
• 🎯 TP2: 0.3680
• 🎯 TP3: 0.3900
• Stop loss: 0.2830
Professional tip: Strong bullish candle on the four-hour timeframe + trading volume = strong setup. Monitor the continuation of the trend at the close of the next candle.
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