Long Trade Setup – 4H Timeframe
Buy (Entry) Zone: $0.505 – $0.515
Good value pick-up zone, close to intraday low and near rising support area.
Stop Loss: $0.490
Placed just below deeper support. Protects capital while allowing noise.
**Take Profit Levels:**
1. TP1: $0.550 — aligns with recent swing highs and 7–8% gain.
2. TP2: $0.580 — round psychological level and prior resistance.
3. TP3: $0.615 — extended move scenario if momentum continues.
**Risk/Reward (R:R):**
TP1 offers ~1:2 R:R, TP2 ~1:3, TP3 ~1:4—favorable structure.