Long Scenario
Conditions to Enter:
• Confirmation of a Tweezer Bottom at 0.599 with a strong green candle and increased volume.
• The price must remain above 0.621 and break the immediate resistance at 0.752.
• Ideally, the price should approach the EMA 25 (0.700-0.720) and use it as dynamic support.
Entry: 0.630 (after confirmation of a strong green candle above 0.621).Target 1: 0.752 (immediate resistance).Target 2: 0.879 (secondary resistance).Stop Loss: 0.599 (below key support).Risk/Reward Ratio:
Short Scenario
Conditions to Enter:
• Confirmation of the descending triangle with a break below 0.599, accompanied by a strong red candle and increased volume.
• The price must remain below the EMA 25 (0.700-0.720), which acts as dynamic resistance.
• The presence of bearish patterns such as the Three Black Crows reinforces this scenario.
Entry: 0.590 (after the break of 0.599 with confirmation).Target 1: 0.400 (key support).Target 2: 0.371 (psychological level and extension of the drop).Stop Loss: 0.621 (above the broken support).Risk/Reward Ratio:
#Nil $NIL