hurry come early see now 1 hour trade taka it early
pls
Trading Plan (Short-Term 1h):
Strategy Long
2 Entry S L Target 1 Target 118,700โ118,900 117,900 119,600 120,200
๐ Chart Analysis (1h):
โ Positive signals:
Price broke the 99 EMA โ the line near 118,473, and is now moving up. This is a bullish (long) signal.
RSI = 78 โ is in the overbought zone, meaning buyers are more active, but a small pullback could also come.
MACD = Bullish Crossover โ the MACD line is moving up and the histogram is also positive.
Price is now forming support at 118,625 โ this is also a good breakout level.
โ ๏ธ Warning signs:
RSI is overbought โ a small pullback is possible.
Price is near the 24h high of 119,204 โ this could be a resistance.
๐ Trading Plan (Short-Term 1h):
Strategy Long
Entry S L Target 1 Target 2 118,700โ118,900 117,900 119,600 120,200
Alternate Short only if Rejection happens at 119,200+:
StrategyEntryStop LossTarget 1Target 2Short119,200โ119,300119,700118,600117,800
โ Verdict:
Currently the market is bullish โ Long looks better, but if there is a strong rejection at 119,200, there could be an opportunity to go short.
If you want a confirm entry, let it pull back a little, around 118,700, a good entry point will be there.
If you want, I can also create a complete image-based plan.
