Trade Setup Analysis:BDXUSD🔍
✅ Trade Type: Long (Bullish Setup)
📍 Entry:
Around $0.06604, confirmed by:
Bullish breakout from a mini triangle pattern.
Price bouncing above ascending support (pink trendline).
Holding above yellow horizontal zone = former resistance turned support.
🛑 Stop-Loss (SL):
$0.06557
Below the ascending trendline and recent structure low.
🎯 Take-Profit (TP) Levels:
TP1: $0.06667 (red line – resistance zone)
TP2: $0.06754 (green line – swing high resistance)
📈 Risk-to-Reward Ratio:
Excellent setup, close to 1:3, depending on entry and slippage.
🧠 Technical Notes:
Price consolidating near resistance after a strong impulse (bullish flag/triangle).
Volume compression before breakout is typical of continuation patterns.
Strong base forming around the white line before launch.
