MARKET ANALYSIS $BSB

TREND
Bullish

Strong bullish momentum with higher highs & higher lows.
Price is moving in an uptrend and just testing the resistance zone.

KEY LEVELS
Resistance
R1: 0.72000 - 0.73000
R2: 0.83354
R3: 0.99507

Support
S1: 0.61000 -0.62000
S2: 0.50000 -0.51000
S3: 0.34899

MARKET OUTLOOK

Price is approaching strong resistance at 0.720000.73000.
Breakout above 0.73000 may lead to 0.83354 and 0.99507.
Rejection from resistance may pull back to 0.61000 -0.62000 support.

SCENARIOS

BULLISH SCENARIO
If price breaks and closes above 0.73000 with strong volume:
TP1: 0.83354
TP2: 0.99507+
SL: Below 0.68000

BEARISH SCENARIO
If price gets rejected from 0.720000.73000:
TP1: 0.61000 -0.62000
TP2: 0.50000 -0.51000
SL: Above 0.74000

TRADING PLAN
Long Setup
Entry: 0.68000 -0.72000
TP1: 0.83354
TP2: 0.99507
SL: Below 0.68000

Short Setup
Entry: 0.72000 - 0.73000
TP1: 0.61000 -0.62000
SL: Above 0.74000

▲ RISK MANAGEMENT

Risk only 1-2% of your capital.

Use proper position sizing.

Always use Stop Loss.

High volatility - trade carefull
#BsB
#pump
#pulback