UBEE — Support Bounce Setup | 1H

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UBEE — Support Bounce Setup | 1HUnited Bank SAEEGX_DLY:UBEEoshishahinContext: Stock is operating under broader bearish market pressure. Despite that, price action on the hourly frame showed a developing structure change: a descending trendline was broken, and price printed a higher low — two early signs that local sellers are losing control. Setup Logic: This is a Support Bounce trade, not a breakout trade. The entry thesis is that the structure shift (trendline break + higher low) represents a shift in order flow at a key support zone, worth engaging with defined risk. Execution Plan: ParameterLevel Entry 13.70 Entry 13.54 (scale-in) Stop Loss13.38 Target 14.00 Target 2Trailing stop Risk Management: Fixed 1% equity risk per trade. Position sized from the stop distance. Scale-in at 13.54 improves average entry if price revisits before moving. What I'm watching: T1 at 14.00 is a measured reaction zone. If price closes above cleanly, T2 converts to a trailing stop — letting the structure decide the exit rather than a fixed level. Invalidation: Clean close below 13.38 on the daily. That breaks the higher low and the entire setup premise. This is a documented trade, not a signal. Risk management and process are the focus — not the outcome.