Dear Traders,
Please also consider the important news events on the economic calendar, as they may significantly impact market volatility and price movement.
We are currently observing price consolidating between two key weighted levels, with an upside gap at 4156 and a downside gap at 4040. To identify the next directional range, we need to focus on these 2 scenario marked.
Price may continue to move sideways and retest these zones until one of the weighted levels decisively breaks and locks, which will confirm the direction for the next market leg. Refer to the arrows marked on the 1H timeframe, which highlight the two potential scenarios and assist with accurate entry timing.
Scenario 1 – Bullish Continuation
If price breaks the resistance and locks above 4155, we anticipate a continuation toward higher targets 4193 & 4233, supported by the bullish structure.
Scenario 2 – Support Test & Bounce
If price fails to lock above resistance, we expect a retracement toward the lower support zones at 4100 & 4060 for a potential support test and bounce.
We will keep both scenarios in mind as we continue taking buy entries from dips. Our updated weighted levels and structural zones will help us track any downward movement and position ourselves to capture upward bounces effectively.
As always, we will continue executing our dip-buying strategy, targeting 20–40 pips per entry. Each structural level consistently provides a 30–50 pip bounce, offering clean, high-probability entry and exit opportunities.
The Quantum Trading Mastery
Please also consider the important news events on the economic calendar, as they may significantly impact market volatility and price movement.
We are currently observing price consolidating between two key weighted levels, with an upside gap at 4156 and a downside gap at 4040. To identify the next directional range, we need to focus on these 2 scenario marked.
Price may continue to move sideways and retest these zones until one of the weighted levels decisively breaks and locks, which will confirm the direction for the next market leg. Refer to the arrows marked on the 1H timeframe, which highlight the two potential scenarios and assist with accurate entry timing.
Scenario 1 – Bullish Continuation
If price breaks the resistance and locks above 4155, we anticipate a continuation toward higher targets 4193 & 4233, supported by the bullish structure.
Scenario 2 – Support Test & Bounce
If price fails to lock above resistance, we expect a retracement toward the lower support zones at 4100 & 4060 for a potential support test and bounce.
We will keep both scenarios in mind as we continue taking buy entries from dips. Our updated weighted levels and structural zones will help us track any downward movement and position ourselves to capture upward bounces effectively.
As always, we will continue executing our dip-buying strategy, targeting 20–40 pips per entry. Each structural level consistently provides a 30–50 pip bounce, offering clean, high-probability entry and exit opportunities.
The Quantum Trading Mastery
Trade attivo
Trade is still validTrade chiuso: obiettivo raggiunto
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
