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【$INTC Signal】4H Break above Bollinger upper band, pullback to go long strategy
RSI surges to 77.6, price breaks through 4H Bollinger upper band at 93.16.
1H buy volume is 12.36% deeper than sell volume, funds are still flowing in.
But 1H MACD histogram is contracting, bullish momentum is slightly easing.
Currently at 94.13, above the suggested zone, chasing high directly has an unfavorable risk-reward ratio.
🎯Direction: Long (pullback limit order)
⚡Entry/Order: 93.66 (upper limit of suggested zone)
🛑Stop loss: 80.66
🚀Target 1: 98.43
🚀Target 2: 104.35
🛡️Trade management:
- Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect principal.
Deep logic: 4H bullish trend remains intact, but 1H overbought conditions need to be digested.
Place order at 93.66 waiting for a pullback, following the trend while avoiding chasing highs.
If the price directly breaks above the previous high of 95.4, it can be seen as a signal to add to the position.
Check real-time market 👇 $INTC
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