🟢 Bullish Bias
• Hidden Bullish RSI Divergence indicates trend continuation.
• Strong demand zone around 510–520 has held firmly.
• Market structure remains bullish with a Higher High and Higher Low.
• A breakout above 565–575 can trigger the next rally.
Support: 535 | 510–520
Resistance: 575 | 677 | 719
Trade Setup
Entry: 553–560
Stop Loss: 505
🎯 Targets:
• TP1: 600
• TP2: 677
• TP3: 719
📈 Risk/Reward: Approximately 1:3.4
Conclusion: As long as PNSC holds above 505, the outlook remains bullish with a strong probability of moving towards 677 and eventually 719. 🚀
• Hidden Bullish RSI Divergence indicates trend continuation.
• Strong demand zone around 510–520 has held firmly.
• Market structure remains bullish with a Higher High and Higher Low.
• A breakout above 565–575 can trigger the next rally.
Support: 535 | 510–520
Resistance: 575 | 677 | 719
Trade Setup
Entry: 553–560
Stop Loss: 505
🎯 Targets:
• TP1: 600
• TP2: 677
• TP3: 719
📈 Risk/Reward: Approximately 1:3.4
Conclusion: As long as PNSC holds above 505, the outlook remains bullish with a strong probability of moving towards 677 and eventually 719. 🚀
Trade closed: stop reached
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.