Price is currently reacting from a key support zone around 24,410, where liquidity was swept and buyers stepped in. The market formed a strong bullish reaction, suggesting accumulation at the lows.
Now price is consolidating around 25,050, and if momentum holds, we could see a continuation move toward the major resistance near 25,448. This area previously acted as a rejection zone, so it’s a logical take-profit target.
As long as price holds above the recent higher low, the bullish bias remains valid. A breakdown below the support zone would invalidate the setup.
Trade Idea:
Long from current structure → Target: 25,448 resistance.
Now price is consolidating around 25,050, and if momentum holds, we could see a continuation move toward the major resistance near 25,448. This area previously acted as a rejection zone, so it’s a logical take-profit target.
As long as price holds above the recent higher low, the bullish bias remains valid. A breakdown below the support zone would invalidate the setup.
Trade Idea:
Long from current structure → Target: 25,448 resistance.
Dagangan ditutup secara manual
closed idea, wrong foot.
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.