📊 Chart Analysis
1️⃣ Accumulation Zone: The price previously traded within a rectangular consolidation range before breaking down.
2️⃣ Bullish Reversal Pattern: A falling wedge has formed, indicating a possible breakout to the upside.
3️⃣ Key Support: The price has tested the 0.8980 - 0.8970 zone multiple times and is showing signs of rejection.
4️⃣ Potential Upside: A breakout above 0.9030 - 0.9050 could confirm further bullish momentum.
🚀 Trading Plan:
📌 Entry: On a breakout above 0.9025
🎯 Targets:
First target: 0.9100
Extended target: 0.9130
🛑 Stop Loss: Below 0.8965 to minimize risk.
🔔 Confirmation Needed: Wait for strong bullish price action before entering long trades. 🚀🔥
1️⃣ Accumulation Zone: The price previously traded within a rectangular consolidation range before breaking down.
2️⃣ Bullish Reversal Pattern: A falling wedge has formed, indicating a possible breakout to the upside.
3️⃣ Key Support: The price has tested the 0.8980 - 0.8970 zone multiple times and is showing signs of rejection.
4️⃣ Potential Upside: A breakout above 0.9030 - 0.9050 could confirm further bullish momentum.
🚀 Trading Plan:
📌 Entry: On a breakout above 0.9025
🎯 Targets:
First target: 0.9100
Extended target: 0.9130
🛑 Stop Loss: Below 0.8965 to minimize risk.
🔔 Confirmation Needed: Wait for strong bullish price action before entering long trades. 🚀🔥
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.