EMA 30 (Red): 1.09984
EMA 200 (Blue): 1.08869
🧠 Trade Idea: Long (Buy) Setup
📍 Entry Zone (Support/Buy Area):
Entry Point: Around 1.08868 – 1.08869
This zone aligns with the 200 EMA, acting as dynamic support.
There's also a clear demand zone (purple box), indicating historical buying interest.
⛔ Stop Loss:
Set at 1.08080
Placed below the demand zone to minimize risk if support fails.
🎯 Take Profit (Target):
Target Point: Around 1.11452
Coincides with a previous supply zone/resistance area (top purple box).
⚖️ Risk-to-Reward (R:R):
Risk: ~80 pips
Reward: ~250 pips
R:R Ratio: ~3.1:1 — A solid risk-to-reward setup.
🔍 Market Structure Observations:
Recent bullish momentum followed by a correction.
Price is approaching major support (near 200 EMA).
Likely scenario: Pullback into the demand zone, then bullish continuation toward the target.
EMA 200 (Blue): 1.08869
🧠 Trade Idea: Long (Buy) Setup
📍 Entry Zone (Support/Buy Area):
Entry Point: Around 1.08868 – 1.08869
This zone aligns with the 200 EMA, acting as dynamic support.
There's also a clear demand zone (purple box), indicating historical buying interest.
⛔ Stop Loss:
Set at 1.08080
Placed below the demand zone to minimize risk if support fails.
🎯 Take Profit (Target):
Target Point: Around 1.11452
Coincides with a previous supply zone/resistance area (top purple box).
⚖️ Risk-to-Reward (R:R):
Risk: ~80 pips
Reward: ~250 pips
R:R Ratio: ~3.1:1 — A solid risk-to-reward setup.
🔍 Market Structure Observations:
Recent bullish momentum followed by a correction.
Price is approaching major support (near 200 EMA).
Likely scenario: Pullback into the demand zone, then bullish continuation toward the target.
Trade closed: target reached
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Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.