Price has revisited a long-term support level, forming a potential double bottom where buyers previously sparked a strong reversal.
🟢 Bullish Confirmation Developing
Last week printed a bullish Harami, often an early sign of selling exhaustion. This week's candle is now attempting to confirm the reversal, making this a critical area to watch.
📈 High Reward-to-Risk Setup
With risk clearly defined below support, the setup offers an attractive asymmetric opportunity. A sustained rebound could deliver 75%+ upside toward the first major resistance.
🎯 Trade Plan
🟢 Bias: Bullish while support holds
🎯 Targets : 21-25-29 . A total ~75% upside toward the resistance zone
🛡️ Stop Loss: Weekly close below $16.50
💡 Story in One Line
A potential double bottom, bullish Harami, and confirmation candle developing at long-term support create a compelling high reward-to-risk setup, with approximately 75% upside available if the reversal gains traction.
🟢 Bullish Confirmation Developing
Last week printed a bullish Harami, often an early sign of selling exhaustion. This week's candle is now attempting to confirm the reversal, making this a critical area to watch.
📈 High Reward-to-Risk Setup
With risk clearly defined below support, the setup offers an attractive asymmetric opportunity. A sustained rebound could deliver 75%+ upside toward the first major resistance.
🎯 Trade Plan
🟢 Bias: Bullish while support holds
🎯 Targets : 21-25-29 . A total ~75% upside toward the resistance zone
🛡️ Stop Loss: Weekly close below $16.50
💡 Story in One Line
A potential double bottom, bullish Harami, and confirmation candle developing at long-term support create a compelling high reward-to-risk setup, with approximately 75% upside available if the reversal gains traction.
تم فتح الصفقة
Moving as expected. hits 20+, on track to hitting higher targets.ملاحظة
Another positive weekملاحظة
Testing the same support again.
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
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.
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
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.