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ETH/USD Long Setup | 4H Timeframe

156
Price is currently testing a strong support zone around 1584 – 1589, showing early signs of bullish reversal.
Buy entries are considered within this range, with stop loss placed safely below the zone at 1499.4.
The target levels are set at:
→ 1st TP: 1680.1
→ 2nd TP: 1787.0
→ Final TP: 1857.6

This setup provides a favorable Risk/Reward Ratio of 1:2.5 to 1:3, depending on the TP hit.

Strategy:
Demand zone entry with bullish price action confirmation. Ideal for swing trading. Monitor lower timeframes for early breakout signals.

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