Trade Setup: - Entry: Long at $0.9926 - Take Profit (TP): $1.0831 - Stop Loss (SL): $0.9443
Risk Management: - Risk/Reward Ratio: 2:1 - Position Size: Adjust to risk no more than 2% of your trading capital.
Summary: We are looking for a long trade due to the recent breakout above the resistance level of $0.9904, indicating strong bullish momentum. The price is currently at $0.9926, and we expect it to reach our target of $1.0831. The stop loss is set at $0.9443 to manage risk effectively. 📈📊