*$LA /FDUSD - BULLISH SETUP FOR LONG ENTRY*
Technical Analysis: The $LA /FDUSD pair on the 4-hour chart shows a strong bullish spike followed by consolidation above key moving averages (MA7: 0.3898, MA25: 0.3833, MA99: 0.3603). Price is holding above these MAs, indicating bullish sentiment. The recent spike to 0.6777 and pullback to current levels suggests a potential continuation upwards.
Entry: LONG ENTRY above 0.4771
Targets (TP):
- TP1: 0.5423
- TP2: 0.6187
Stop Loss (SL): Below 0.3895
Risk Management: Keep position size according to risk tolerance, set SL to manage downside.
#TechnicalAnalysis #BullishSetup #CryptoTrading #MovingAverages #RiskManagement
LA
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