On the 15-minute chart for $PROS , the recent price action shows consolidation at 0.5218, suggesting the potential for an upcoming move.
The immediate support level to watch is at 0.5000, providing a foundation for potential entry if prices retrace slightly. A breakout above 0.5300 would signal momentum for a bullish move, with a recommended entry around the current level if it sustains this consolidation.
Set the Take Profit (TP) targets close together to capture incremental gains without excessive risk: TP1 at 0.5400, TP2 at 0.5500, and TP3 at 0.5600. For risk management, a Stop Loss (SL) should be placed slightly below the support level at 0.4900.
This setup allows for capturing potential upside while protecting against a deeper retracement.
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