📆 Weekly Overview:
Price is sitting at a strong weekly support zone and has held this level for several weeks. Buyers have continued to defend this zone, showing potential for a rebound.
📉 Daily Chart:
The daily structure is temporarily bullish, although price is still trading below the daily EMA. This suggests there is room for upside, but caution is needed until momentum shifts fully in favor of the bulls.
⏱ 4H Chart:
4H structure shows a clear break above the EMA with a strong momentum candle 🚀. This is the first signal that buyers are stepping in, possibly marking the start of a trend reversal.
📌 Plan:
Price is sitting at a strong weekly support zone and has held this level for several weeks. Buyers have continued to defend this zone, showing potential for a rebound.
📉 Daily Chart:
The daily structure is temporarily bullish, although price is still trading below the daily EMA. This suggests there is room for upside, but caution is needed until momentum shifts fully in favor of the bulls.
⏱ 4H Chart:
4H structure shows a clear break above the EMA with a strong momentum candle 🚀. This is the first signal that buyers are stepping in, possibly marking the start of a trend reversal.
📌 Plan:
- Bias: Bullish
- Entry: Wait for 4H retracement to discounted zone and confirmation of bullish structure (e.g., higher low + strong bullish candle)
- Targets: Next daily resistance zone / swing high
- Invalidation: Break below recent 4H swing low and 50EMA
Nota
No discounted price, no entry.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.