GOOGL is breaking out of its market structure right now, with a clear surge in momentum that demands attention. This move is unfolding rapidly, and the entry window is narrowing by the minute.
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🟢 GOOGL LONG 📈
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📍 Entry Range: $382.8967 – $383.6633
🛑 Stop Loss: $371.7816 (-3.0%)
🎯 TP1: $389.0292 (+1.5%)
🏆 TP2: $402.4440 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 81%
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The CHoCH signal fired as GOOGL broke through a key level, and volume is confirming the direction with a strong CVD signal. The presence of an order block and POI confluence where the OB overlaps with the FVG is the icing on the cake, suggesting a high-probability long setup. This structure looks ripe for a significant push upwards.
Given the 3.0% stop loss, which feels moderately tight, a 2x to 3x leverage should fit this trade nicely, allowing for a decent risk-reward ratio without overexposing the position.
Taking partial profits at TP1 is a good idea, as it allows you to lock in some gains and ride the remaining position with a bit more breathing room, should the trade continue to move in our favor.
Not financial advice — always manage your own risk 🙏
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