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$BSB is currently trading around 0.55 💪
Yesterday, the price pushed all the way to 0.59, then got rejected hard. Later, it successfully tested the 4H MA200 (0.47) before pulling back. So far, this looks like a healthy retracement rather than a trend reversal.
As long as price continues holding above the MA200, the bullish structure remains active. Another positive sign is that the 4H MA7 is still sloping upward, showing buyers are maintaining momentum.
🎯 Don't forget, our 2nd expansion zone remains 0.60 - 0.75.
For traders already in profit, keep your stop-loss at entry and let the market work for you. New traders can still look for opportunities, but risk management comes first.
🛑 Maintain SL around 0.45 or your entry price.
Stay patient. Strong trends often need healthy pullbacks before the next leg higher. 🚀
#MyGateTradeStory
I hope everyone is in profit and has already secured at least 30-40% of their position. Protecting profits is just as important as finding good entries.
I strongly recommend moving your stop-loss to entry and letting the remaining position run risk-free toward the 2nd expansion zone. I still believe a move toward 0.75 is possible, but price must hold current levels and maintain healthy consolidation first.
📊 Current Structure
• Price has reached the MA200 zone on the 4H timeframe.
• Strong support sits around the Daily MA25.
• Minor support remains in the 0.43-0.44 region.
These levels should be monitored closely. Losing them could signal a trend shift.
🔤 Still valid for new entries, but manage risk carefully.
Safe accumulation zone: 0.46 - 0.43
🛑 Stop-loss: Just below the support zone.
Trade smart, secure profits, and let the market pay for the next move. 🚀
#MyGateTradeStory