📈 Bullish Scenario: Breakout & Retest of the $95,000–$99,500 Zone 🚀
🔹 Idea:
Price breaks above the strong resistance around $95,000 and holds it as new support on a retest.
🎯 Potential Entry:
✅ Trigger: A clear break and close above $95,000 on the 1H or 4H chart, followed by a pullback to retest $95,000–$96,000 as support.
✅ Confirmation: Enter on the first bullish candle or bullish engulfing pattern confirming the retest holds.
🔻 Stop-Loss Placement:
🔸 Aggressive: Below the breakout zone ($94,000–$94,500).
🔸 Conservative: Below the last swing low prior to the breakout ($92,000–$93,000).
🎯 Targets:
🎯 T1: $99,500 (next immediate resistance).
🎯 T2: $105,000–$109,000 (upper resistance on the chart).
💡 Consider taking partial profit at T1 and moving stop-loss to breakeven.
⚠️ Risk Management Tips:
🔹 Risk only 1–2% of your capital per trade.
🔹 If the retest fails quickly and price closes back below $95,000, exit early to minimize losses.
📢 Disclaimer: This is for educational and informational purposes only and not financial advice. Always do your own research and manage risk accordingly before making any investment decisions.
📊 What’s your take on this setup? Drop your thoughts in the comments! 👇🔥
🔹 Idea:
Price breaks above the strong resistance around $95,000 and holds it as new support on a retest.
🎯 Potential Entry:
✅ Trigger: A clear break and close above $95,000 on the 1H or 4H chart, followed by a pullback to retest $95,000–$96,000 as support.
✅ Confirmation: Enter on the first bullish candle or bullish engulfing pattern confirming the retest holds.
🔻 Stop-Loss Placement:
🔸 Aggressive: Below the breakout zone ($94,000–$94,500).
🔸 Conservative: Below the last swing low prior to the breakout ($92,000–$93,000).
🎯 Targets:
🎯 T1: $99,500 (next immediate resistance).
🎯 T2: $105,000–$109,000 (upper resistance on the chart).
💡 Consider taking partial profit at T1 and moving stop-loss to breakeven.
⚠️ Risk Management Tips:
🔹 Risk only 1–2% of your capital per trade.
🔹 If the retest fails quickly and price closes back below $95,000, exit early to minimize losses.
📢 Disclaimer: This is for educational and informational purposes only and not financial advice. Always do your own research and manage risk accordingly before making any investment decisions.
📊 What’s your take on this setup? Drop your thoughts in the comments! 👇🔥
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.
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.