My Trading Plan (Not Financial Advice)
Current market structure shows a bullish trend, with price consolidating just below a key resistance zone. This area is typically associated with liquidity, so patience and precision are essential.
Primary Setup: Buy the Dip
Entry Zone: 0.3150 – 0.3170
Stop Loss: 0.3115
Take Profit Targets:
TP1: 0.3230
TP2: 0.3270
TP3: 0.3300
Rationale:
This zone represents a discounted price area where demand has previously been active. Rather than chasing price, the strategy focuses on entering where institutional buyers are more likely to participate.
Secondary Setup: Breakout Confirmation
Entry: Only after a confirmed candle close above 0.3230
Stop Loss: 0.3190
Take Profit Targets:
TP1: 0.3260
TP2: 0.3285
TP3: 0.3320
Rationale:
A confirmed breakout indicates liquidity above resistance has been cleared, allowing for potential continuation. Entry is based on confirmation, not anticipation.
Risk Notes
Avoid entering within the 0.3210 – 0.3230 range without confirmation
Be cautious of false breakouts and liquidity grabs
Maintain strict risk management due to small account size
Final Thoughts
Discipline, patience, and execution matter more than frequency of trades. The focus is on high-probability setups rather than constant market participation.
This is my plan, not financial advice.