🔍 Trade Setup Summary

Instrument: BTC/USDT (BINANCE)

Trade Type: Long

Entry Price: ~94,352

Stop Loss (SL): 94,007.86

Take Profit 1 (TP1): 95,125.88

Take Profit 2 (TP2): 95,662.27

Take Profit 3 (TP3): 95,666.87 (possibly trailing or final target)

Risk-Reward Ratio (approx):

TP1: ~0.53

TP2: ~1.25

TP3: ~1.28+

📈 Chart Observations

The recent trend is bullish, with a higher low forming before your entry.

You entered after a bullish engulfing pattern, which confirms reversal.

This could be a breakout trade, riding the momentum from a retracement bounce.

✅ Positive Points

Good risk management with a clear stop loss.

Logical TP levels based on previous resistance zones.

Entry aligns with short-term price action structure (higher low & bullish candle).

⚠️ Things to Watch

Strong resistance lies near TP2 & TP3; watch price reaction around those levels.

It’s a 5-minute chart, so volatility spikes can hit SL if not monitored closely.

RSI/MACD confirmation (if used) would give more confidence.