$SIREN

Strategy: Buy the dip into a strong dynamic support zone, targeting continuation of the uptrend.

Primary Entry (Conservative – best option):
• Entry Zone: 1.7650 – 1.7800
(MA7 + dynamic support providing strong support)

Alternative Entry (Aggressive – for earlier positioning):
• 1.7950 – 1.8100 (if there’s a shallow pullback with bullish candle confirmation)

Stop Loss (SL):
• 1.7450 – 1.7550 (slightly below MA7 and recent swing low, ~1–1.5% risk from conservative entry)
• Reason: Losing this zone + increasing red volume → uptrend may weaken.

Take Profit (TP) – Scale out in parts:
• TP1: 1.8880 (recent high) → +6–7% from 1.772 entry
• TP2: 1.950 – 2.000 → +10–13%
• TP3: 2.100+ (extended target if momentum is strong) → +18%+

Risk:Reward (R:R):
• From 1.772 entry → TP1: ~1:5
• Overall setup: ~1:5 – 1:10 (very solid)

Entry Conditions:
• Price taps the zone + bullish confirmation candle (pin bar or engulfing)
• RSI(14) holds above 55 (ideally 58–65) → healthy momentum, not overbought
• Volume does not drop significantly

Management:
• Scale out 30–40% at TP1
• Move SL to breakeven
• Let the remaining position run

Trade here 👇