Entry Point: Around 3,409.33 - 3,408.41 USD.
Stop Loss: 3,437.87 USD.
Target (Take Profit): 3,222.53 USD.
Risk/Reward Ratio: Approximately 1:6, which is favorable.
📉 Price Action & Trend Analysis:
A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal.
The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum.
Price is now approaching the 200 EMA, which is acting as potential dynamic support.
📌 Key Levels Highlighted:
Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone).
Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone).
🔄 Indicators:
Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure.
Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
Stop Loss: 3,437.87 USD.
Target (Take Profit): 3,222.53 USD.
Risk/Reward Ratio: Approximately 1:6, which is favorable.
📉 Price Action & Trend Analysis:
A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal.
The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum.
Price is now approaching the 200 EMA, which is acting as potential dynamic support.
📌 Key Levels Highlighted:
Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone).
Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone).
🔄 Indicators:
Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure.
Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
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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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.