Market Structure
Price was moving inside a clear ascending channel, respecting higher highs and higher lows.
A strong bullish impulse broke above the channel resistance, indicating liquidity grab and momentum expansion.
Now price is trading inside a major supply / resistance zone (orange area) around 74,200 – 74,400.
Bearish Scenario
The supply zone shows rejection wicks, suggesting sellers are defending this level.
If price fails to hold above 74,300, a pullback or deeper correction is likely.
Possible move:
Entry: ~74,250
Stop Loss: ~74,800 (above supply zone)
Target: ~71,000
This target aligns with:
Previous structure support
Potential liquidity area below the breakout
Key Levels
Resistance: 74,300 – 74,500
Intraday Support: 73,600
Major Target: 71,000
Trading Idea
This setup looks like a breakout → supply test → potential retracement pattern. If sellers maintain control inside the supply zone, we could see a sharp liquidity sweep toward the 71k region.
Price was moving inside a clear ascending channel, respecting higher highs and higher lows.
A strong bullish impulse broke above the channel resistance, indicating liquidity grab and momentum expansion.
Now price is trading inside a major supply / resistance zone (orange area) around 74,200 – 74,400.
Bearish Scenario
The supply zone shows rejection wicks, suggesting sellers are defending this level.
If price fails to hold above 74,300, a pullback or deeper correction is likely.
Possible move:
Entry: ~74,250
Stop Loss: ~74,800 (above supply zone)
Target: ~71,000
This target aligns with:
Previous structure support
Potential liquidity area below the breakout
Key Levels
Resistance: 74,300 – 74,500
Intraday Support: 73,600
Major Target: 71,000
Trading Idea
This setup looks like a breakout → supply test → potential retracement pattern. If sellers maintain control inside the supply zone, we could see a sharp liquidity sweep toward the 71k region.
עסקה סגורה: הגיע לסטופ
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Join My Telegram Channel
t.me/goldoerfectsignals
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t.me/goldoerfectsignals
t.me/goldoerfectsignals
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.