Strategy: Buy the dip into a strong dynamic support zone, targeting continuation of the uptrend.
Primary Entry (Conservative – best option):
• Entry Zone: 0.1330 – 0.1350
(MA7 + yellow dynamic trendline providing strong support)
Alternative Entry (Aggressive – for earlier positioning):
• 0.1365 – 0.1380 (if there’s a shallow pullback with bullish candle confirmation)
Stop Loss (SL):
• 0.1315 – 0.1320 (slightly below MA7, ~1–1.5% risk from conservative entry)
• Reason: Losing this zone + red volume → uptrend may weaken.
Take Profit (TP) – Scale out in parts:
• TP1: 0.1476 (24h high) → +9–11% from 0.134 entry
• TP2: 0.1520 – 0.1550 → +13–16%
• TP3: 0.1600 – 0.1650 (extended target if momentum is strong) → +20%+
Risk:Reward (R:R):
• From 0.134 entry → TP1: ~1:6
• Overall setup: ~1:4 – 1:8 (very solid)
Entry Conditions:
• Price taps the zone + bullish confirmation candle (pin bar or engulfing)
• RSI6 pulls back below 70 (ideally 62–68) → reduces overbought conditions
• Volume does not drop significantly
Management:
• Scale out 30–40% at TP1
• Move SL to breakeven
• Let the remaining position run