Free Signal
[FUTURE]

$WIF

Time Frame : 1H
Type Trade : Intraday Trade

WIF is currently in a robust upward trend (uptrend/bullish), highlighted by a Market Structure Shift (MSS) or Change of Character (CHoCH), followed by a Base of Structure (BOS). This sequence confirms the continuation of the bullish momentum.

A detailed market structure analysis reveals a Strong Low and a Weak High, indicating WIF as a "HIGH QUALITY SETUP" for intraday trading. Key factors supporting this setup include:

- The presence of MSS/CHoCH, indicates a significant shift in market dynamics.

- Formation of BOS, reinforcing the bullish trend.

- Existence of an Order Block, which represents areas of high buying interest.

- An Imbalance/Fair Value Gap near the Order Block, suggesting a price inefficiency that the market may seek to correct.

- Presence of Inducement, which is likely to attract additional market participants and amplify the bullish movement.

Given these conditions, the recommended strategy is to take long positions. Here are two setup options with different Risk-Reward (RR) ratios:

Setup 1 (Safety):

- Entry: 3.2523

- Stop Loss (SL): 3.1798

- Take Profit (TP): 3.5877

- RR: 4.63

Setup 2 (High Risk, relatively safe due to Optimal Trade Entry (OTE)):

- Entry: 3.3157

- SL: 3.2004

- TP: 3.5863

- RR: 2.35

Use a small margin and monitor the market direction closely. The bullish momentum suggests that long positions are favorable, provided disciplined risk management is maintained. This approach enhances the likelihood of successful trades and ensures a sustainable trading strategy.

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