TAOUSDT Long Setup from Fibonacci 0.382 and Trendline Confluence
TAOUSDT has retraced into a strong confluence zone combining the 0.382 Fibonacci retracement level ($316.99) and a long-term ascending trendline. This area is often considered a high-probability bounce zone in bullish market structures.
A long position was entered at $316.52, anticipating a continuation of the uptrend toward the previous swing high near $364.83.
The setup offers a high reward-to-risk ratio, with a tight invalidation level below recent structural support and Fibonacci level.
🧩 Trade Parameters:
- Entry: $316.52
- Stop Loss: $303.84
- Take Profit: $364.83
- Risk: $12.68
- Reward: $48.31
- Risk:Reward Ratio: 1 : 3.81
✅ Bias:
Bullish continuation after a healthy correction
🔄 Confirmation:
Strong price reaction or bullish candle from the 0.382 Fib and trendline support
❌ Invalidation:
Clean break below $303.84 (structural and Fib support)
A long position was entered at $316.52, anticipating a continuation of the uptrend toward the previous swing high near $364.83.
The setup offers a high reward-to-risk ratio, with a tight invalidation level below recent structural support and Fibonacci level.
🧩 Trade Parameters:
- Entry: $316.52
- Stop Loss: $303.84
- Take Profit: $364.83
- Risk: $12.68
- Reward: $48.31
- Risk:Reward Ratio: 1 : 3.81
✅ Bias:
Bullish continuation after a healthy correction
🔄 Confirmation:
Strong price reaction or bullish candle from the 0.382 Fib and trendline support
❌ Invalidation:
Clean break below $303.84 (structural and Fib support)
Trade aktif
Current Price : 330.000.Move Stop Loss to entry price, zero risk.
Trading ditutup secara manual
Close on Profit (Price : 325.86)
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.