SPECUSDT.P-Bull flag
Specusdt.p Bullish Setup: Bull Flag Breakout
The SPECUSDT.P pair has formed a classic bull flag pattern, and we've just seen a breakout above the structure at 6.008. While this is a promising sign, I’m waiting for a 4-hour candle close above the flag to confirm the breakout before entering a long position.
Entry: Watching for confirmation above 6.008.
Stop-Loss (SL): Below the EMA at 5.879.
Take-Profit (TP): Targeting 6.749.
This setup offers a good risk-to-reward ratio, with a well-defined SL and TP.
Always manage your risk accordingly.
The SPECUSDT.P pair has formed a classic bull flag pattern, and we've just seen a breakout above the structure at 6.008. While this is a promising sign, I’m waiting for a 4-hour candle close above the flag to confirm the breakout before entering a long position.
Entry: Watching for confirmation above 6.008.
Stop-Loss (SL): Below the EMA at 5.879.
Take-Profit (TP): Targeting 6.749.
This setup offers a good risk-to-reward ratio, with a well-defined SL and TP.
Always manage your risk accordingly.
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