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$H | 1H | Counter-Trend Bounce
Bias: Long
Entry Zone: 0.0780 to 0.0825
Stop Loss: 0.0660
Targets:
TP1: 0.0900
TP2: 0.1000
TP3: 0.1150
Invalidation:
Close below 0.0660
Why This Setup:
I’m seeing a sharp capitulation into a major support area near 0.0700 followed by a strong rebound candle with rising volume. I want to trade the relief bounce while price reclaims the recent intraday base and holds above the breakdown zone.