🔥 Technical Breakout with a Strong Rejection Wick!
🔸 Parallel Channel Breakout
Price has convincingly broken out of a long-standing parallel descending channel (orange) — a bullish signal indicating a potential trend reversal.
🔸 Counter Trendline Broken
The white counter-trendline was broken earlier, leading to bullish momentum building up gradually. This breakout aligns with classic reversal theory.
🔸 Supply-Demand Flip Zone (Grey Box)
The price action respected the SUPPLY → DEMAND zone beautifully before launching upward, confirming it as a key area of interest.
🔸 Long Wick Rejection Candle
Notice the most recent monthly candle: a long lower wick with a strong body, closing near the highs.
🟠 Parallel Channel
⚪ Counter Trendline
⚫ Grey Supply-Demand Zone
🟥 Top Supply Zone
🟢 Bullish Rejection Candle
🔸 Parallel Channel Breakout
Price has convincingly broken out of a long-standing parallel descending channel (orange) — a bullish signal indicating a potential trend reversal.
🔸 Counter Trendline Broken
The white counter-trendline was broken earlier, leading to bullish momentum building up gradually. This breakout aligns with classic reversal theory.
🔸 Supply-Demand Flip Zone (Grey Box)
The price action respected the SUPPLY → DEMAND zone beautifully before launching upward, confirming it as a key area of interest.
🔸 Long Wick Rejection Candle
Notice the most recent monthly candle: a long lower wick with a strong body, closing near the highs.
🟠 Parallel Channel
⚪ Counter Trendline
⚫ Grey Supply-Demand Zone
🟥 Top Supply Zone
🟢 Bullish Rejection Candle
🚀 Step Into My Trading Room 👇
🟡Telegram: t.me/hashtaghammer
🔴 YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
🧾 PnL-Backed Education
📉 TradingView Strategy Breakdowns
🟡Telegram: t.me/hashtaghammer
🔴 YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
🧾 PnL-Backed Education
📉 TradingView Strategy Breakdowns
Penerbitan berkaitan
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.
🚀 Step Into My Trading Room 👇
🟡Telegram: t.me/hashtaghammer
🔴 YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
🧾 PnL-Backed Education
📉 TradingView Strategy Breakdowns
🟡Telegram: t.me/hashtaghammer
🔴 YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
🧾 PnL-Backed Education
📉 TradingView Strategy Breakdowns
Penerbitan berkaitan
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.