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.
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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.
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.