Main Trend: Price has been moving inside a strong, long-term ascending channel. Buyers have consistently stepped in at the bottom boundary (March, May, and September), creating higher lows.
Right now, price is consolidating inside a temporary descending channel (bull flag).
Reaction Level: Price recently bounced perfectly off the lower boundary near 1.8650, showing that buyers are still defending this key support area.
Bullish Continuation
Trigger: A daily candle close above the upper boundary of the descending correction.
Target: 1.9200 – 1.9300
Let the market confirm the breakout above before jumping long, or watch for a drop toward the 1.8320 support floor to catch a lower demand entry.
Always manage your risk properly!
Right now, price is consolidating inside a temporary descending channel (bull flag).
Reaction Level: Price recently bounced perfectly off the lower boundary near 1.8650, showing that buyers are still defending this key support area.
Bullish Continuation
Trigger: A daily candle close above the upper boundary of the descending correction.
Target: 1.9200 – 1.9300
Let the market confirm the breakout above before jumping long, or watch for a drop toward the 1.8320 support floor to catch a lower demand entry.
Always manage your risk properly!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.