#GateEventContractTradeSharingChallenge

📈 XBRUSD — 5M LONG Setup | Waiting for the POI
XBRUSD / Brent Crude Oil — 5M Technical Setup
I’m currently watching XBRUSD closely, but I’m not entering at the current price around 95.96.
My plan is simple: wait for price to come down into the marked 5-minute POI around 94.15 and then look for a bullish reaction before considering a LONG.
🎯 My Trade Plan
Direction: LONG
Entry / POI: ~94.15
Stop Loss: ~93.11
Take Profit: ~98.34
That gives approximately 4:1 risk-to-reward if the full target is reached.
🔎 Why 94.15?
The reason I’m interested in this area is the structure shown on the chart.
We have already seen a strong bullish move from the lower levels, followed by a retracement and several changes in short-term market structure. Instead of chasing price at 95.96, I want to see whether the market returns to the 5M POI and gives buyers an opportunity to step back in.
The chart also shows the discount areas around the lower part of the current structure. This is important because I would rather look for a long from a better-value area than buy after price has already moved away from the POI.
🧠 What I’m Waiting For
I’m not saying price must reach 94.15 and automatically go LONG.
My first requirement is for price to reach the POI.
Then I want to see how price behaves there:
➡️ Price moves down toward 94.15
➡️ Reaction/rejection from the POI
➡️ Confirmation that sellers are losing control
➡️ Bullish market-structure shift / displacement
➡️ Then I would consider the LONG
If there is no proper reaction, I simply stay out.
🛑 Why 93.11 is Important
The 93.11 area is my invalidation level for this idea.
If price breaks through this area and the bullish structure fails, then my long thesis is no longer valid.
I would rather accept that the setup was wrong than move the stop lower and turn a planned trade into an emotional trade.
🎯 Why 98.34?
The 98.34 area is the major upside target marked on my chart.
It represents a return toward the previous high/liquidity area. So the idea is basically:
Wait for the retracement → get confirmation at the POI → target the previous high.
I’m especially interested in this because the potential reward is significantly larger than the defined risk.
⏳ Current Status
NO ENTRY YET.
This is the most important part of my plan.
Price is currently around 95.96, while my preferred entry area is much lower around 94.15.
So I’m waiting, not chasing.
If price never reaches my POI, there is no trade.
If price reaches the POI but gives no confirmation, there is no trade.
If the setup becomes invalid, I walk away.
For me, a good setup is not just about finding a target. It’s about knowing where I want to enter, where I’m wrong, and where I want to take profit before the trade starts.
📌 Plan:
94.15 Entry → 93.11 SL → 98.34 TP
Now I’ll let the market come to my level instead of chasing the market.
Let’s see whether XBRUSD gives the POI reaction I’m waiting for. 👀📊
‍#GateUSStockOptionsNowLive @Gate_Square@Gate 广场$XBRUSD

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