Long $BSW Trading Plan
Timeframe: 4H (Swing Trade setup)
🔹 Entry Zone (Buy-in):
Breakout Entry: If price breaks and closes above $0.0395 with volume confirmation, look to enter around $0.0395 – $0.0400.
Retest Entry: Safer option — wait for a breakout, then enter on a pullback to $0.0380 – $0.0385 (turned support).
🔹 Stop-Loss (SL):
Conservative SL: below local support at $0.0365
Aggressive SL: just under recent consolidation low, around $0.0345
🔹 Take-Profit Targets (TP):
TP1: $0.0420
TP2: $0.0445 (previous local high)
TP3: $0.0475+
🔹 Risk Management:
Allocate 2-4% of your capital depending on risk tolerance.
Consider laddering out TP to secure gains progressively.
🔹 Technical Notes:
Watch volume on breakout — it must be higher than recent averages.
The pattern resembles a bullish flag or rectangle, which is a continuation pattern.
Use MACD/RSI to confirm momentum.
This trade has decent upside, but only valid if breakout volume sustains. Avoid FOMO entries on weak candles.
