Price just broke out of the extended sideways consolidation around 4.000–4.038, closing firmly above this zone — a fairly clear breakout signal after several sessions of choppy price action. That said, I'm not rushing to buy right away; I'd rather wait for a pullback to retest the breakout zone before confirming the trend continuation.
I'm favouring buys if price retests the 4.020–4.038 zone and closes solidly above it, stop loss below 4.000 (bottom of the range), first target at 4.060 and a further target at 4.080.
If price falls back and closes below the 4.000 range, this breakout will be considered a false breakout, and I'll stay on the sidelines waiting for a new structure rather than chasing the move.
This is just my personal take based on technical analysis. Wishing you successful trading.
I'm favouring buys if price retests the 4.020–4.038 zone and closes solidly above it, stop loss below 4.000 (bottom of the range), first target at 4.060 and a further target at 4.080.
If price falls back and closes below the 4.000 range, this breakout will be considered a false breakout, and I'll stay on the sidelines waiting for a new structure rather than chasing the move.
This is just my personal take based on technical analysis. Wishing you successful trading.
トレード終了: 利益確定目標に到達
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
