$POWER Long, narrow timeframe, for scalpers only
POWER Long Trading Plan (10x)
👉Entry: 0.09300 – 0.09350
SL: 0.09181
TP1: 0.09466
TP2: 0.09561
The entry zone is very narrow, and the SL is also very close – this is a pure scalping trade. The price is clinging to the support zone around 0.093, seemingly consolidating before a slight bounce to the TP levels.
But to be honest: the SL is only about 0.0012 – 0.0017 units from the entry, meaning a slight wick or spread could wipe out the order. This setup is only for those who are extremely precise in their order tracking, have quick connections, and accept high risk.
If 0.0935 holds, the price may gradually move up to the TP levels. If the stop loss is broken, don't regret it because the plan was very clear.
This timeframe requires close monitoring of orders and strict stop-loss orders. It's not for those who want to hold orders for a long time. If you can't enter the trade, close it; if you do enter, don't rely on luck.