FVRR Entry: 20.68 The entry point is determined by the Fair Value Gap (FVG) and supported by demand zones (SMC). This entry presents the optimal scenario when the FVG is above the demand zone.
Stop Loss (SL): 19.86 (-0.50% from demand zone) To manage risk, a stop loss is set at 0.50% below the demand zone, offering protection in case the trade moves against expectations.
Take Profit (TP): 22.37 The take profit level is set at 22.37 to capitalize on potential upward momentum. Beyond this level, there are indications of bearish momentum, hence offering a suitable exit point.