🚀 The dual plan for currency $TRUMP — Is it testing the previous peak or returning to correction? ⚡
The price is currently trading at $3.952 after a positive rebound from nearby support levels. The price is still maintaining its position above the moving averages (EMA 7, 25), and the RSI indicator is at 62, which provides room for movement in both directions.
💰 Plan Settings:
Capital: $10 | Leverage: 50x
Order Type: Stop Limit
🔼 Bullish Scenario (Continuation of rise)
🟢 Stop Limit Buy
- Activation: 4.150
- Targets: 4.350 ⬅️ 4.490 ⬅️ 4.650
- Stop Loss: 3.850
Idea: Breaking the current resistance area opens the way to return to the last annual peak.
🔽 Bearish Scenario (Beginning of correction)
🔴 Stop Limit Sell
- Activation: 3.680
- Targets: 3.450 ⬅️ 3.250 ⬅️ 3.000
- Stop Loss: 3.980
Idea: Breaking the EMA 25 moving average may lead to quick selling and profit-taking.
⚠️ Trade Management:
✔ Place both orders (Buy above / Sell below)
✔ Upon activation of one ← Cancel the other immediately
✔ Do not enter within the sideways range
✔ Adherence to stop loss is mandatory