Trend Overview:
The 15-minute chart shows a recent uptrend after a previous downtrend, with higher highs and higher lows forming.
The 1-hour chart also indicates a recovery from a lower price range, suggesting potential continuation of bullish momentum.

My personal customized trading indicators
Per 15M chart,
"Big boss trading" opened trade at 2911
"Boss Trend" showing we are in Bullish trend
Current Price action:
Bullish Engulfing signals strong buying pressure, leading to the recent price rebound.
Rejection Wicks : Suggests price struggling to break above resistance in short term.
Breakout Retest Pattern: Price recently broke a resistance level and is testing it as support.
Support & Resistance Levels
Support:
$2,880 - $2,890 (Previously strong demand zone and base for the uptrend)
$2,860 (Major swing low in the recent structure)
Resistance:
$2,920 - $2,930 (Previous supply zone where price struggled to break above)
$2,950 (Psychological resistance and next key level)
Trade Recommendation
Long (Buy) Setup
Entry: Now(if aggressive) or Around $2,900 - $2,905 (looking for a retest of support before continuation)
Take Profit (TP):
TP1: $2,920 (First resistance level)
TP2: $2,930 (Stronger resistance)
Stop Loss : Below $2,885 (Ensuring risk is managed if support fails)
Risk-Reward Ratio : ~1:2 or 1:3 (depending on execution)
Concept Behind this Trade:
The market structure is forming higher lows, confirming an uptrend.
Candlestick patterns indicate buying pressure near support.
Together with my personal trading indicators confirming the long set up.
*Entering on a retracement to support allows for a lower risk entry with higher reward potential.
The 15-minute chart shows a recent uptrend after a previous downtrend, with higher highs and higher lows forming.
The 1-hour chart also indicates a recovery from a lower price range, suggesting potential continuation of bullish momentum.
My personal customized trading indicators
Per 15M chart,
"Big boss trading" opened trade at 2911
"Boss Trend" showing we are in Bullish trend
Current Price action:
Bullish Engulfing signals strong buying pressure, leading to the recent price rebound.
Rejection Wicks : Suggests price struggling to break above resistance in short term.
Breakout Retest Pattern: Price recently broke a resistance level and is testing it as support.
Support & Resistance Levels
Support:
$2,880 - $2,890 (Previously strong demand zone and base for the uptrend)
$2,860 (Major swing low in the recent structure)
Resistance:
$2,920 - $2,930 (Previous supply zone where price struggled to break above)
$2,950 (Psychological resistance and next key level)
Trade Recommendation
Long (Buy) Setup
Entry: Now(if aggressive) or Around $2,900 - $2,905 (looking for a retest of support before continuation)
Take Profit (TP):
TP1: $2,920 (First resistance level)
TP2: $2,930 (Stronger resistance)
Stop Loss : Below $2,885 (Ensuring risk is managed if support fails)
Risk-Reward Ratio : ~1:2 or 1:3 (depending on execution)
Concept Behind this Trade:
The market structure is forming higher lows, confirming an uptrend.
Candlestick patterns indicate buying pressure near support.
Together with my personal trading indicators confirming the long set up.
*Entering on a retracement to support allows for a lower risk entry with higher reward potential.
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.