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.
Сделка закрыта вручную
closed idea, wrong foot.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.