TOSH/USD Long Setup: OTE + Fake Supply zone reclaimed
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I've spotted a great long opportunity on TOSH/USD using a combination of advanced market analysis techniques:
1️⃣ Liquidity grab below recent lows, clearing out impatient buyers. 2️⃣ Entry at the OTE zone (Optimal Trade Entry) between 61.8% and 78.6% Fibonacci retracement, a key area for strong rejections. 3️⃣ A fake supply zone has been reclaimed, signaling bullish intent.
🎯 Trade Details:
Entry: 0.0006900 (validated in the OTE zone). Context: Liquidity sweep below support followed by a bullish re-entry. Confirmation: Clean reclaim of the fake supply zone with momentum. Stop Loss: Below the last swing low for proper risk management. Take Profits: TP1: Previous Higher High (HH). 🚀
📊 Plan: I’m watching for strong confirmation in the OTE zone and increased volume as the fake supply zone is reclaimed. Risk management is key—position sizing is based on capital and stop-loss placement.
This is not financial advice, just my personal setup idea based on market structure. What’s your take? Let me know below! 👇"