Price action is forming a base after a downward move, supported by a strong horizontal zone. The presence of a descending trendline adds confluence, making the current area important for direction.
The projected path suggests a short-term pullback into support followed by a continuation higher. This type of structure often leads to gradual expansion if the base remains intact.
If price holds above the lower zone, the upward scenario remains valid. A break below may result in extended consolidation before the next move.
Key Areas:
Base Support: 4658 – 4670
Reaction Zone: 4700 – 4720
Target Levels:
4750
4785
4815 – 4825
The projected path suggests a short-term pullback into support followed by a continuation higher. This type of structure often leads to gradual expansion if the base remains intact.
If price holds above the lower zone, the upward scenario remains valid. A break below may result in extended consolidation before the next move.
Key Areas:
Base Support: 4658 – 4670
Reaction Zone: 4700 – 4720
Target Levels:
4750
4785
4815 – 4825
Trade ativo
update
Aviso legal
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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.