#TrendTradingStrategy / –
It has broken through the hourly chart after a strong consolidation around the 0.00048000 range. The candle exploded above the recent higher levels with impressive volume (157B), indicating a resurgence of bullish strength and the potential for continued movement towards the next Fibonacci levels.
Key Levels:
• Support: 0.00048000
• Resistance: 0.00051378
Trading Setup:
• Entry Zone: 0.00049800 – 0.00050800
• 🎯 TP1: 0.00052500
• 🎯 TP2: 0.00054800
• 🎯 TP3: 0.00057300
• Stop Loss: 0.00047400
Professional Tip: Use partial profit-taking at each target and adjust the stop loss to secure profits if the volume continues to rise with momentum.