📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $0.9600 - $0.8807 = $0.0793 risk per share 📈 Reward to TP1: $1.06 - $0.9600 = $0.10 (1:1.3 R/R) 📈 Reward to TP2: $1.18 - $0.9600 = $0.22 (1:2.8 R/R)
🔍 Technical Analysis & Strategy 📌 Falling Wedge Breakout: Price is breaking out of a downward wedge, signaling a potential bullish reversal. 📌 Support Rejection: Strong bounce from $0.8807 support, confirming buyer interest. 📌 Heikin Ashi Confirmation: Candles show reduced selling pressure and indicate a shift toward an uptrend. 📌 Volume Confirmation Needed: Ensure high buying volume above $0.9600 to confirm breakout. 📌 Momentum Shift Expected: If price sustains above $0.9600, potential rally toward $1.06, then $1.18.
📊 Key Support & Resistance Levels 🟢 $0.8807 – Stop-Loss / Strong Support 🟡 $0.9600 – Breakout Level / Long Entry 🔴 $1.06 – First Resistance / TP1 🔴 $1.18 – Final Target / TP2
📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong buying volume above $0.9600 before entering. 📉 Trailing Stop Strategy: Move SL to entry ($0.9600) after TP1 ($1.06) is hit.
💰 Partial Profit Booking Strategy: ✔ Take 50% profits at $1.06, let the rest run toward $1.18. ✔ Adjust Stop-Loss to Break-even ($0.9600) after TP1 is reached.
⚠️ Fake Breakout Risk ❌ If price fails to hold above $0.9600 and drops back, exit early to avoid losses. ❌ Wait for a strong bullish candle close above $0.9600 before entering aggressively.
🚀 Final Thoughts ✔ Bullish Setup – Breakout from a falling wedge suggests a potential trend shift. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.3 to TP1, 1:2.8 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.