Strong impulse from channel support
Break above minor consolidation
Currently sitting near upper channel resistance
No bearish shift yet (no lower low formed)
This is still a bullish continuation environment.
📈 Bullish Scenario (Primary Bias)
✅ Entry Zone
Around 70,050 – 70,150 (your marked entry area)
Best entry = pullback, not chasing highs.
🎯 Targets
TP1: 71,208
TP2: 71,755
If strong breakout above 71,800 → continuation toward 72K+ possible.
Momentum favors upside as long as channel holds.
🛑 Stop Loss
Conservative: below 69,678
Safer structural SL: below 69,622
Full structure invalidation: below 69,500
If price breaks below 69,622 and closes strong, that’s a warning of deeper retracement.
🔵 Key Support Zone
69,600 – 70,000
This is demand + mid-channel support.
If price pulls back into this zone and holds → high-probability continuation.
⚠ Bearish Scenario (Only If)
Rejection at channel top
Strong bearish candle closing below 69,622
Break of ascending structure
If that happens, next downside liquidity sits around:
65,758
65,715 zone
But right now? That’s secondary.
Overall Bias: Buy the Pullback in an Ascending Channel
This is not a breakout chase setup — it’s a structure respect setup.
Break above minor consolidation
Currently sitting near upper channel resistance
No bearish shift yet (no lower low formed)
This is still a bullish continuation environment.
📈 Bullish Scenario (Primary Bias)
✅ Entry Zone
Around 70,050 – 70,150 (your marked entry area)
Best entry = pullback, not chasing highs.
🎯 Targets
TP1: 71,208
TP2: 71,755
If strong breakout above 71,800 → continuation toward 72K+ possible.
Momentum favors upside as long as channel holds.
🛑 Stop Loss
Conservative: below 69,678
Safer structural SL: below 69,622
Full structure invalidation: below 69,500
If price breaks below 69,622 and closes strong, that’s a warning of deeper retracement.
🔵 Key Support Zone
69,600 – 70,000
This is demand + mid-channel support.
If price pulls back into this zone and holds → high-probability continuation.
⚠ Bearish Scenario (Only If)
Rejection at channel top
Strong bearish candle closing below 69,622
Break of ascending structure
If that happens, next downside liquidity sits around:
65,758
65,715 zone
But right now? That’s secondary.
Overall Bias: Buy the Pullback in an Ascending Channel
This is not a breakout chase setup — it’s a structure respect setup.
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JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.