š¢ Price tends to pull back to the 25 MA (pink line) before bouncing in an uptrend.
Entry Signal: When price drops near or slightly below $2,530 (MA25), and a bullish candle closes.
Confirmation: Look for a bullish engulfing or hammer candle after pullback.
š Entry Zone: $2,527 ā $2,532
šÆ Stop Loss: Below $2,521 (near MA99 or recent low)
š° Take Profit: First at $2,546, next at $2,555
š” 2. Avoid Buying at Peaks
The price recently touched $2,546.29 (resistance).
Donāt enter after a big green candle ā itās often too late.
Wait for a pullback or sideways consolidation.
šµ 3. Use Volume to Confirm Breakouts
Watch volume below the chart: When volume increases with price breaking resistance, itās a valid breakout.
If volume is low, be cautious ā it's likely a fakeout.
š Capital Protection Tips
Never risk more than 1ā2% of capital per trade
Use hard stop-loss (don't move it unless in profit)
Avoid revenge trading if you lose
Trade only clear setups ā no trade is better than a bad one
ā ļø Donāt Trade When:
Price is far above MA(7) + MA(25) = Overbought
Volatility is dying down = Possible reversal/consolidation
Two or more red candles close below MA(25) = Trend may weaken