Price has been consolidating around the support zone after a strong bearish move. We can observe multiple BOS (Break of Structure) and a clear descending trendline acting as resistance.
• Currently, price is testing the support zone and forming a potential trendline breakout setup.
• Entry confirmation will be on a clean breakout above the descending trendline (marked area).
• Once the breakout occurs, price is expected to retest and then push higher towards the weak high liquidity area, with the next target around 236–238.
Plan:
• Entry: On breakout + retest confirmation.
• Target: 236–238 (weak high).
• Invalidation: A strong break below the support zone would invalidate this bullish setup.
• Currently, price is testing the support zone and forming a potential trendline breakout setup.
• Entry confirmation will be on a clean breakout above the descending trendline (marked area).
• Once the breakout occurs, price is expected to retest and then push higher towards the weak high liquidity area, with the next target around 236–238.
Plan:
• Entry: On breakout + retest confirmation.
• Target: 236–238 (weak high).
• Invalidation: A strong break below the support zone would invalidate this bullish setup.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.