Entry: $0.20766 (Fibonacci pullback zone)
Stop Loss: $0.20436 (below local structure)
Take Profit: $0.21424 (targeting prior resistance zone)
Risk/Reward: ~1:2 — favorable trade profile
📊 Confluence Checklist
✅ EMA OK: Price is supported by short-term EMAs
✅ HTF EMA OK: Higher timeframe trend is bullish
✅ RSI OK: Momentum confirms upward bias
✅ MACD OK: Bullish MACD signal
Stop Loss: $0.20436 (below local structure)
Take Profit: $0.21424 (targeting prior resistance zone)
Risk/Reward: ~1:2 — favorable trade profile
📊 Confluence Checklist
✅ EMA OK: Price is supported by short-term EMAs
✅ HTF EMA OK: Higher timeframe trend is bullish
✅ RSI OK: Momentum confirms upward bias
✅ MACD OK: Bullish MACD signal
Trade closed: target reached
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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.