$JUP #followers #Everyone #BinanceSquareFamily
### Scalping:
- **Trade Duration**: A few minutes to 1 hour.
- **SL**: Place your SL just below the nearest support level, around **1.0500**, as the Bollinger Bands lower boundary and recent price consolidation are near this level.
- **TP 1-5**:
1. **TP1**: 1.0700 (Conservative target)
2. **TP2**: 1.0730 (Moderate short-term resistance)
3. **TP3**: 1.0750 (Previous resistance zone)
4. **TP4**: 1.0780 (Current peak resistance)
5. **TP5**: 1.0800 (Aggressive target, around psychological resistance)
### Intraday Trading:
- **Trade Duration**: Several hours to 1 day.
- **SL**: A bit wider than for scalping. Set it around **1.0450**, slightly below key support and to avoid market noise.
- **TP 1-5**:
1. **TP1**: 1.0800 (Psychological level)
2. **TP2**: 1.0850 (Next resistance based on Fibonacci extensions)
3. **TP3**: 1.0900 (Near-term resistance)
4. **TP4**: 1.0950 (Breakout target)
5. **TP5**: 1.1000 (Psychological level and major resistance)
### Mid-term Trading (1 week to 1 month):
- **Trade Duration**: Several days to a few weeks.
- **SL**: Use a wider stop-loss around **1.0350**. This is below the moving averages and key support levels, allowing for more market fluctuations.
- **TP 1-5**:
1. **TP1**: 1.0900 (Short-term resistance)
2. **TP2**: 1.1000 (Psychological level)
3. **TP3**: 1.1200 (Fib extension and breakout target)
4. **TP4**: 1.1400 (Resistance based on trend lines)
5. **TP5**: 1.1600 (Aggressive target in case of strong continuation)
### Long-term Trading (1 month to 3+ months):
- **Trade Duration**: 1 month or longer.
- **SL**: Set a wider SL at **1.0250** to account for deeper pullbacks, as this level is near previous lows.
- **TP 1-5**:
1. **TP1**: 1.1200 (Short-term resistance on longer-term charts)
2. **TP2**: 1.1400 (Major resistance zone)
3. **TP3**: 1.1600 (Breakout level, strong resistance)
4. **TP4**: 1.2000 (Key psychological level)
5. **TP5**: 1.2500 (Longer-term target based on Fib extensions)
### Risk Management:
- For all strategies, ensure you follow proper **risk management** principles, such as risking no more than 1-2% of your account per trade.
- Adjust your **position size** accordingly based on your SL distance and account size to maintain a proper risk-to-reward ratio (at least 1:2 or higher).