$MAGMA
BULLISH CONTINUATION SETUP
Bullish structure intact on lower and higher timeframes
Previous resistance flipped into support
Momentum favors continuation rather than reversal
Trade Idea: LONG
Entry Zone:
Buy on pullback into the demand/support zone
Targets (TP):
TP1: Previous intraday high
TP2: Range extension / next resistance zone
TP3: Higher timeframe resistance (extended move)
Stop Loss (SL):
Below the invalidation level under the demand zone / recent higher low
Bias Invalidation:
A strong close below support with volume would invalidate the bullish setup.
Risk Management:
Risk only 1–2% per trade, secure partial profits at each target, and trail stop loss after TP1 to protect capital.
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