A bullish breakout above all EMAs, market structure shift, and a successful retest of EMAs as support, aiming for a higher resistance level. The trade has a favorable risk-to-reward ratio, aligned with standard bullish trend-following strategy.
If it hold and 4h candle closes above red line i will long
๐ LONG Signal โ 1000FLOKIUSDT
๐ฅ Entry: 0.09260
๐ SL: 0.08800
๐ฏ TP: 0.9680
๐ฏ TP: 0.10323
๐ Analysis:
โ Price broke above all major EMAs (20/50/100/200)
โ Retest of EMAs held as support
โ Bullish market structure shift (new higher high)
โ Clean 2:1+ RR setup
๐ผ Risk: 2โ5% per trade
๐ Trade safe and manage risk!
If it hold and 4h candle closes above red line i will long
๐ LONG Signal โ 1000FLOKIUSDT
๐ฅ Entry: 0.09260
๐ SL: 0.08800
๐ฏ TP: 0.9680
๐ฏ TP: 0.10323
๐ Analysis:
โ Price broke above all major EMAs (20/50/100/200)
โ Retest of EMAs held as support
โ Bullish market structure shift (new higher high)
โ Clean 2:1+ RR setup
๐ผ Risk: 2โ5% per trade
๐ Trade safe and manage risk!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.