Entry Criteria: Price Action: Buy if price breaks above $63,100 and confirms the break of the trendline (confirm with strong bullish momentum or high volume). Sell if price rejects $63,100 level and fails to break the trendline (sign of bearish reversal or resistance).
Target Levels: Buy Target: First Target: $65,430
Sell Target: First Target: $60,105
This setup involves using key levels and trendline confirmation for entry, ensuring you have well-defined risk management with stop-loss levels to protect your position. Adjust your targets and stop-loss levels based on your risk tolerance and market volatility.