My Action Plan: AVA/USD - Entry at 85 Cents

27 Dis 2024

Alright, let's get straight to the point. My focus is now on buying AVA/USD around the 85-cent level. This is the ideal entry I'm targeting.

Entry:

Primary Buy Zone: My preferred entry is right at the 85-cent level. Based on the chart and the prior action, I see this as the optimal area for a long position, and where I will be placing my buy orders.

Stop-Loss:

Tight Stop: I'm placing my stop-loss at $0.75. This is below the $0.8 level which was the base of my previous stop loss, which will provide some breathing room. I want to avoid a large loss if the price decides to move against me.

Take-Profit Targets:

First Target: My initial profit target is $1.50.

Second Target: Following that, I will be aiming for $3.00.

Long-Term: If $3.00 is broken, then I'll be targeting higher prices.

In Summary:

My plan is simple: I'm setting my buy order for AVA/USD at 85 cents. My stop-loss is set at $0.75. I'm targeting take profits at $1.50 then $3.00, with a plan to go higher on a sustained move.

That's my entry, stop, and profit plan – locked and loaded.

28 Jan

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TRADE IS ON