Market Structure
Price is forming higher highs and higher lows, confirming a valid uptrend.
The ascending channel is respected, and price is currently near the upper boundary.
Recent breakout above minor resistance shows momentum continuation strength.
The marked support zone around 5247–5238 is acting as a key demand area.
🟢 Entry & Risk Plan
Entry zone: 5247 – 5250 (support retest area)
Stop loss: Below 5226 (below structure and channel support)
This keeps the setup protected against fake breakdowns.
🎯 Target Levels
TP1: 5285 (recent resistance retest)
TP2: 5302 (major resistance level)
TP3: 5320+ (channel upper expansion target)
⚠️ Key Confirmation Signals
Bullish continuation likely if price holds above 5247 support
Break and hold above 5285 will accelerate momentum toward 5300+
Breakdown below 5226 would invalidate bullish bias
📊 Summary
Trend: Bullish
Structure: Ascending channel continuation
Bias: Buy on pullbacks
Probability: High while above 5247
If
Price is forming higher highs and higher lows, confirming a valid uptrend.
The ascending channel is respected, and price is currently near the upper boundary.
Recent breakout above minor resistance shows momentum continuation strength.
The marked support zone around 5247–5238 is acting as a key demand area.
🟢 Entry & Risk Plan
Entry zone: 5247 – 5250 (support retest area)
Stop loss: Below 5226 (below structure and channel support)
This keeps the setup protected against fake breakdowns.
🎯 Target Levels
TP1: 5285 (recent resistance retest)
TP2: 5302 (major resistance level)
TP3: 5320+ (channel upper expansion target)
⚠️ Key Confirmation Signals
Bullish continuation likely if price holds above 5247 support
Break and hold above 5285 will accelerate momentum toward 5300+
Breakdown below 5226 would invalidate bullish bias
📊 Summary
Trend: Bullish
Structure: Ascending channel continuation
Bias: Buy on pullbacks
Probability: High while above 5247
If
Trade chiuso: obiettivo raggiunto
JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.