Hi!
Price is currently consolidating inside a defined horizontal range while respecting the ascending trendline support. The broader structure still shows higher lows, meaning buyers are defending pullbacks and keeping the short-term bullish structure intact.
After the sharp impulse move up, the market shifted into accumulation, forming a balanced range between support and resistance. As long as price holds above the lower boundary and the trendline, continuation toward the upper range boundary remains the higher-probability scenario.
Market Structure
Higher lows maintained
Trendline acting as dynamic support
Range acting as a short-term accumulation
Key Levels
Support Zone: ~0.277
Mid Range Reaction Area: ~0.280 – 0.282
Range High Resistance: ~0.284 – 0.286
Targets
Invalidation
❌ Sustained break below 0.277 + loss of trendline support would weaken bullish structure and open downside rotation inside or below the range.
Price is currently consolidating inside a defined horizontal range while respecting the ascending trendline support. The broader structure still shows higher lows, meaning buyers are defending pullbacks and keeping the short-term bullish structure intact.
After the sharp impulse move up, the market shifted into accumulation, forming a balanced range between support and resistance. As long as price holds above the lower boundary and the trendline, continuation toward the upper range boundary remains the higher-probability scenario.
Market Structure
Higher lows maintained
Trendline acting as dynamic support
Range acting as a short-term accumulation
Key Levels
Support Zone: ~0.277
Mid Range Reaction Area: ~0.280 – 0.282
Range High Resistance: ~0.284 – 0.286
Targets
- 🎯 Target 1: 0.284 – 0.286
- 🎯 Target 2: ~0.292
Invalidation
❌ Sustained break below 0.277 + loss of trendline support would weaken bullish structure and open downside rotation inside or below the range.
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منشورات ذات صلة
إخلاء المسؤولية
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avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.