Buy Scenarios:
1. Level 2,681 (Support):
Order Type: Buy Limit
Entry: 2,681
Stop Loss: 2,676
Take Profit: 2,688 or 2,700
Explanation: Likely reversal from this support. Confirm with a bullish reversal candlestick.
2. Level 2,655 (Support):
Order Type: Buy Limit
Entry: 2,655
Stop Loss: 2,650
Take Profit: 2,666 or 2,680
Explanation: Strong support, suitable for deeper pullbacks.
3. Level 2,626 (POC - Key Support):
Order Type: Buy Limit
Entry: 2,626
Stop Loss: 2,620
Take Profit: 2,640 or 2,655
Explanation: A key level with a high probability of a strong reversal.
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Sell Scenarios:
1. Level 2,718 (Resistance):
Order Type: Sell Limit
Entry: 2,718
Stop Loss: 2,725
Take Profit: 2,700 or 2,688
Explanation: Strong resistance. A reversal is likely if buyers weaken.
2. Level 2,737 (Key Resistance):
Order Type: Sell Limit
Entry: 2,737
Stop Loss: 2,745
Take Profit: 2,718 or 2,700
Explanation: Major resistance. A strong pullback is expected if this level holds.
3. Level 2,745 (Final Resistance):
Order Type: Sell Limit
Entry: 2,745
Stop Loss: 2,755
Take Profit: 2,737 or 2,718
Explanation: Reversal is highly probable if the price reaches this level.
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Breakout Scenarios:
Buy Stop (Bullish Breakout):
Entry: 2,720
Stop Loss: 2,710
Take Profit: 2,737 or 2,745
Sell Stop (Bearish Breakout):
Entry: 2,680
Stop Loss: 2,688
Take Profit: 2,666 or 2,655
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Summary:
Buy Scenarios: Focus on supports (2,681, 2,655, 2,626).
Sell Scenarios: Focus on resistances (2,718, 2,737, 2,745).
Breakouts: Use Buy Stop and Sell Stop at key breakout levels.
Risk Management: Use tight Stop Loss and aim for at least a 1:2 Risk-to-Reward ratio.