🔹 Price rebounded strongly from key support at $116,400
🔹 Approaching breakout zone near $119,500
🔹 Descending trendline and multiple rejection wicks being tested
🔹 Bullish momentum building — RSI rising, MACD stabilizing, volume uptick visible
🔹 ADX shows trend strength picking up
📈 If breakout confirmed above $119,500:
🎯 TP1: $122,000
🎯 TP2: $127,000
🎯 TP3: $135,000
📉 Below $116,400 = invalidation
Bias: Bullish above $119,500, cautious until breakout confirms.
🔹 Approaching breakout zone near $119,500
🔹 Descending trendline and multiple rejection wicks being tested
🔹 Bullish momentum building — RSI rising, MACD stabilizing, volume uptick visible
🔹 ADX shows trend strength picking up
📈 If breakout confirmed above $119,500:
🎯 TP1: $122,000
🎯 TP2: $127,000
🎯 TP3: $135,000
📉 Below $116,400 = invalidation
Bias: Bullish above $119,500, cautious until breakout confirms.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.