sunnytrader07

FXSUSDT - BULLISH OUTLOOK

Long
sunnytrader07 Updated   
BINANCE:FXSUSDT.P   FXS / TetherUS PERPETUAL CONTRACT
FXSUSDT is currently indicating a bullish trend on the Daily Time Frame, suggesting a potential continuation of the upward momentum. Additionally, a bullish divergence on the 1-hour time frame supports the optimistic outlook.

For entry, consider a price zone between $8.70 and $8.00, with a carefully placed stop loss at $7.89 to manage potential risks effectively.

The take-profit levels are structured as follows:

Take Profit 1 (TP1): = $9.50
Take Profit 2 (TP2): = $10.30
Take Profit 3 (TP3): = $11.10
Take Profit 4 (TP4): = $11.90
Take Profit 5 (TP5): = $12.70

This setup integrates structured profit-taking at different levels, providing a balanced approach to potential market movements. Continuous monitoring of price action is recommended, allowing for adjustments based on evolving market conditions.
Comment:
TP 1 HIT 🎯
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.