๐ Trading Chart Analysis with Key Levels:
Critical Price Levels:
Support ๐ฉ:
Close Position Zone: Clearly marked as the exit target for trades near the lower boundary.
Key levels: 93.5, 95.4 for potential bounce areas.
Resistance ๐ฅ:
Price zones between 97.8, 99/100, and 102 are likely to face strong selling pressure.
Trend Indicators:
๐ Dynamic Bands: Colored moving averages signal trend momentum, with changes in color highlighting potential shifts in price direction.
๐ ATR Levels: The Day ATR at the top and bottom of the chart provides daily range context, aiding in risk/reward management.
Market Zones:
๐ด Bear Swing Zone: Sellers dominate this area, visible in upper red levels.
๐ต Bullish POI Zone: Buyers might step in here to support price action.
๐ก Decision Point: Prices hovering near 96.375 indicate a potential pivot for short-term trades.
Actionable Insights:
๐ฏ Focus on reactions at support and resistance zones to identify entry or exit points.
๐ Short-term opportunities align with areas near Bullish POI and Bear Swing zones for quick scalps.
๐ Stop placements: Below 92 for long positions or above 102 for short positions, respecting risk limits.
Next Steps:
Monitor momentum shifts indicated by moving average slopes and volume.
Look for confluence at the green (support) and red (resistance) zones to validate trading setups.
Critical Price Levels:
Support ๐ฉ:
Close Position Zone: Clearly marked as the exit target for trades near the lower boundary.
Key levels: 93.5, 95.4 for potential bounce areas.
Resistance ๐ฅ:
Price zones between 97.8, 99/100, and 102 are likely to face strong selling pressure.
Trend Indicators:
๐ Dynamic Bands: Colored moving averages signal trend momentum, with changes in color highlighting potential shifts in price direction.
๐ ATR Levels: The Day ATR at the top and bottom of the chart provides daily range context, aiding in risk/reward management.
Market Zones:
๐ด Bear Swing Zone: Sellers dominate this area, visible in upper red levels.
๐ต Bullish POI Zone: Buyers might step in here to support price action.
๐ก Decision Point: Prices hovering near 96.375 indicate a potential pivot for short-term trades.
Actionable Insights:
๐ฏ Focus on reactions at support and resistance zones to identify entry or exit points.
๐ Short-term opportunities align with areas near Bullish POI and Bear Swing zones for quick scalps.
๐ Stop placements: Below 92 for long positions or above 102 for short positions, respecting risk limits.
Next Steps:
Monitor momentum shifts indicated by moving average slopes and volume.
Look for confluence at the green (support) and red (resistance) zones to validate trading setups.
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.