💡 Watching a possible setup on $VELVET
Question: would you enter on the first reaction, or wait for a 15m close confirmation?
The market showed a strong impulse move and then entered a correction on 15m.
Now there are early signs that the correction may be losing strength.
✅ Entry zone: 0.3509469 - 0.3644
Risk to stop from this zone: 2%–5%
⚠️ Stop: 0.34406559
💰 TP1: 0.38880129
💰 TP2: 0.391783
This setup is based on continuation after a correction inside a strong trend move.
🕯 The chart includes:
• impulse structure
• correction range
• entry zone
• target levels
Question: would you enter on the first reaction, or wait for a 15m close confirmation?
The market showed a strong impulse move and then entered a correction on 15m.
Now there are early signs that the correction may be losing strength.
✅ Entry zone: 0.3509469 - 0.3644
Risk to stop from this zone: 2%–5%
⚠️ Stop: 0.34406559
💰 TP1: 0.38880129
💰 TP2: 0.391783
This setup is based on continuation after a correction inside a strong trend move.
🕯 The chart includes:
• impulse structure
• correction range
• entry zone
• target levels