$B Setting up for another momentum push 🔥
Long Trading Plan for B (20x)
Entry: 0.670 – 0.682
SL: 0.655
TP1: 0.705
TP2: 0.724
TP3: 0.748
B is showing signs of setting up for another momentum push after a period of consolidation. The 0.670 – 0.682 zone is acting as short-term support, buying pressure is increasing, and the small timeframe structure is improving, indicating that a further upward move may be forming.
The stop loss is placed below 0.655, a relatively clean zone. If this level is breached, the long scenario will be invalidated. Step targets: 0.705 → 0.724 → 0.748. Each Take Profit (TP) is quite far apart (~3.4-5% from entry), so be patient and take profits gradually.
The distance from entry to Stop Loss (SL) is quite close (~2.2-3.9%). Suitable for a short-term long position. Enter small positions and set stop losses correctly.
It's setting up for another momentum surge; will there be a breakout? Have you entered yet? Comment to discuss!