Bullish continuation loading ...
After a clear corrective move, price tapped into the 0.5 – 0.618 Fibonacci zone, which aligns perfectly with a developing support structure. This area is acting as a strong demand zone where buyers are stepping back in.
We’re now seeing a potential higher low formation, supported by the ascending trendline — a classic sign of strength building after the pullback.
If price holds above this zone, I’m expecting a continuation towards the buyside liquidity, with a clean target sitting around the previous highs.
Plan:
Entry: current demand zone (0.5 – 0.618)
Invalidation: below the structure low
Target: liquidity above highs
The market already showed its intention — now it’s about execution.
Don’t fight the trend. Follow the money.
After a clear corrective move, price tapped into the 0.5 – 0.618 Fibonacci zone, which aligns perfectly with a developing support structure. This area is acting as a strong demand zone where buyers are stepping back in.
We’re now seeing a potential higher low formation, supported by the ascending trendline — a classic sign of strength building after the pullback.
If price holds above this zone, I’m expecting a continuation towards the buyside liquidity, with a clean target sitting around the previous highs.
Plan:
Entry: current demand zone (0.5 – 0.618)
Invalidation: below the structure low
Target: liquidity above highs
The market already showed its intention — now it’s about execution.
Don’t fight the trend. Follow the money.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.