UNIUSD 📈 Trading Plan: Bullish (Pending Breakout)Entry Trigger: A strong BULLISH candle closing ABOVE the key Simple Moving Average at $10.000.
⚡ BREAKOUT CONFIRMATION = BUY PLAN ACTIVATED ⚡
🎯 Entry Strategy: Layered Limit Orders (The "Layer" Method)
After the breakout is confirmed, consider a layered entry strategy using multiple buy limit orders to average your entry price. This is not financial advice; adjust based on your capital and risk tolerance.
Layer 1: $9.900
Layer 2: $9.800
Layer 3: $9.700
Layer 4: $9.600
(You can add or adjust layers based on your own strategy and risk appetite)
⚠️ Stop Loss:
A suggested stop loss for this setup is below key support at $9.400. PLEASE NOTE: This is my personal SL level. I am not a financial advisor. You MUST adjust your position size and stop loss based on your own risk management rules and strategy.
🎯 Take Profit:
We are targeting a move toward $11.000, where we anticipate a confluence of resistance from the Moving Average, potential overbought conditions, and a possible trap zone.
Remember, savvy traders: Manage your profits wisely. You are free to take profit earlier or later based on your own analysis; this is not a mandatory target.
