Bias: Bullish after breaking the bearish structure.
Avoid chasing the current price.
Look for buying opportunities if price pulls back to 10.5–10.8 or deeper to 9.2–9.4.
If support holds and the bullish structure remains intact, the next target is 13.8–14.3.
A break below 9.2 would weaken the bullish setup and could lead to a retest of the 8.0–8.3 demand zone.
Strategy: Wait for a pullback or a confirmed breakout. Avoid FOMO after a strong move.
Avoid chasing the current price.
Look for buying opportunities if price pulls back to 10.5–10.8 or deeper to 9.2–9.4.
If support holds and the bullish structure remains intact, the next target is 13.8–14.3.
A break below 9.2 would weaken the bullish setup and could lead to a retest of the 8.0–8.3 demand zone.
Strategy: Wait for a pullback or a confirmed breakout. Avoid FOMO after a strong move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.