【$CFX Signal】Dual Order Placement Script! 1H Oversold Rebound Play vs 4H Downtrend Continuation

$CFX The 1H timeframe is oscillating narrowly between 0.0507-0.0512, RSI(1H) has entered the oversold zone(33.7), indicating a technical rebound potential. However, the 4H timeframe remains below EMA20(0.0520) and EMA50(0.0521), with the overall trend still bearish. Currently, the price is declining but open interest remains stable, suggesting not panic selling by major players but rather passive long liquidation. The market is on the eve of a trend reversal; we adopt a dual order placement strategy to catch any breakout in either direction.

🎯 Direction: Wait and See ( Dual Order Placement )

⚡ Order Strategy 1 ( Long ):

Entry: 0.0513 ( Reason: Breakout of recent minor resistance on 1H and pressure from EMA20_1H )

Stop Loss: 0.0505 ( Reason: Break below recent consolidation zone and ATR lower band )

Target 1: 0.0522 ( Reason: Resistance at 4H EMA50 )

Target 2: 0.0530 ( Reason: Previous rebound high )

⚡ Order Strategy 2 ( Short ):

Entry: 0.0505 ( Reason: Break below 1H consolidation zone, confirming downward continuation )

Stop Loss: 0.0513 ( Reason: Reclaiming the zone lower boundary and breaking minor resistance )

Target 1: 0.0495 ( Reason: Support in previous low area )

Target 2: 0.0485 ( Reason: Previous low on daily chart )

🛡️ Trade Management:

- Position Size: Light ( Reason: Dual order placement with unclear direction, risk control )

- Execution Strategy: When either order is triggered, cancel the other immediately. After trigger, reduce position by 50% at Target 1 and move stop loss to entry price. If price retraces to entry, exit unconditionally.

Depth Logic: Market depth shows heavy sell orders stacked above 0.0509-0.0510, while buy orders are densely supported below 0.0507, creating a standoff. Stable open interest indicates no large-scale capital withdrawal, awaiting directional decision. The oversold RSI on 1H is a potential catalyst for rebound but requires price confirmation. Focus primarily on bullish breakouts for long entries, as downside space is limited by buy support below.

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