Current Structure
Strong impulsive rally completed into Wave (3) near 24,390–24,420
Current pullback is retesting the 0.5–0.618 Fibonacci retracement zone
Important retracement support marked:
0.5 = 24,012
0.618 = 24,102
Price is currently holding around 24,143, which is still inside the healthy pullback zone
This suggests Wave 4 is forming a controlled correction, not a reversal.
Bullish Scenario
As long as price holds above the invalidation zone, this setup strongly favors Wave 5 upside continuation.
Upside Targets
Projected targets from your chart:
24,390–24,417 → immediate resistance retest
24,768–24,786 → major Wave 5 target zone
24,900+ → extended bullish momentum zone
This is where smart money typically pushes after a Wave 4 correction.
Invalidation Level
The most important support is:
24,000–24,012
If price closes below this zone on 2H, the Wave 5 setup weakens.
A deeper correction may then test:
23,850
23,700
Trade Setup
Buy on dips: 24,100–24,150
SL: below 24,000
Targets: 24,420 / 24,780 / 24,900
Risk-reward here looks very strong if support holds 🎯
Strong impulsive rally completed into Wave (3) near 24,390–24,420
Current pullback is retesting the 0.5–0.618 Fibonacci retracement zone
Important retracement support marked:
0.5 = 24,012
0.618 = 24,102
Price is currently holding around 24,143, which is still inside the healthy pullback zone
This suggests Wave 4 is forming a controlled correction, not a reversal.
Bullish Scenario
As long as price holds above the invalidation zone, this setup strongly favors Wave 5 upside continuation.
Upside Targets
Projected targets from your chart:
24,390–24,417 → immediate resistance retest
24,768–24,786 → major Wave 5 target zone
24,900+ → extended bullish momentum zone
This is where smart money typically pushes after a Wave 4 correction.
Invalidation Level
The most important support is:
24,000–24,012
If price closes below this zone on 2H, the Wave 5 setup weakens.
A deeper correction may then test:
23,850
23,700
Trade Setup
Buy on dips: 24,100–24,150
SL: below 24,000
Targets: 24,420 / 24,780 / 24,900
Risk-reward here looks very strong if support holds 🎯
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
