Key Zones on the Chart
🔹 Support Zone (Buy-on-Dip Area)
5,188 – 5,200
This zone aligns with:
Channel mid-lower area
Previous breakout structure
As long as price holds above this support, bulls stay in control.
🔹 Current Consolidation
Price is ranging just above support → accumulation / pause before next move.
This sideways action is healthy after a strong impulsive push.
🎯 Upside Targets
Primary Target: 5,466
Extended Target: 5,675 – 5,692
These levels match:
Channel top projection
Measured move (~226 points ≈ +4.15%)
🧠 Trading Bias
Bias: Bullish continuation
Best Strategy:
Buy on pullbacks near support
OR wait for confirmation breakout above consolidation
⚠️ Invalidation
A clean 2H close below 5,180 would weaken the bullish setup and suggest deeper correction.
🔍 Summary
✔ Strong bullish channel
✔ Healthy pullback & consolidation
✔ Clear support respected
✔ Upside targets well-defined
🔹 Support Zone (Buy-on-Dip Area)
5,188 – 5,200
This zone aligns with:
Channel mid-lower area
Previous breakout structure
As long as price holds above this support, bulls stay in control.
🔹 Current Consolidation
Price is ranging just above support → accumulation / pause before next move.
This sideways action is healthy after a strong impulsive push.
🎯 Upside Targets
Primary Target: 5,466
Extended Target: 5,675 – 5,692
These levels match:
Channel top projection
Measured move (~226 points ≈ +4.15%)
🧠 Trading Bias
Bias: Bullish continuation
Best Strategy:
Buy on pullbacks near support
OR wait for confirmation breakout above consolidation
⚠️ Invalidation
A clean 2H close below 5,180 would weaken the bullish setup and suggest deeper correction.
🔍 Summary
✔ Strong bullish channel
✔ Healthy pullback & consolidation
✔ Clear support respected
✔ Upside targets well-defined
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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.