Ideally, wait for a Bullish Engulfing or a Hammer candle to form at $5,072 before clicking buy
Long (Buy) Buying at a proven support level within an uptrend.
Entry Price $5,072.50 Waiting for the price to hit the primary support line.
Take Profit 1 (TP1) $5,088.80 Exit near the recent resistance for a safe profit.
Take Profit 2 (TP2) $5,095.00 Exit
Risk/Reward: This setup offers a 1:2.3 ratio, which is considered very healthy for day trading.