For a successful long entry, it’s essential to carefully follow key support and resistance levels. Identify strong support lines to confirm the entry point, and analyze resistance areas to determine potential take-profit targets. Set a stop loss strategically to manage risk, ensuring it’s placed just below the support to prevent major losses. Establish clear profit targets based on resistance levels for a well-defined exit strategy. By aligning these elements—support, resistance, stop loss, and target—you enhance your chances of a profitable long trade.

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