Price is compressing just below resistance after a multi-leg rally and a clear five-wave coil. We’ve seen a breakout attempt, but so far, momentum is stalling right at the top of the range (45–46).
Key Levels:
Breakout Trigger: A strong close above 46.1 with convincing volume could launch the next leg up.
Breakdown Risk: If price falls back below 42–43, watch for a fast move back toward the lower range.
Playbook:
Don’t predict—wait for confirmation. If you’re already long from lower, this is a logical area to secure partial profits or tighten stops.
If flat, sit tight until price clearly chooses direction. No need to rush a position at this pivot zone.
Summary:
Compression at resistance can lead to explosive moves—but can also trap late buyers. Let price prove itself before committing.
Key Levels:
Breakout Trigger: A strong close above 46.1 with convincing volume could launch the next leg up.
Breakdown Risk: If price falls back below 42–43, watch for a fast move back toward the lower range.
Playbook:
Don’t predict—wait for confirmation. If you’re already long from lower, this is a logical area to secure partial profits or tighten stops.
If flat, sit tight until price clearly chooses direction. No need to rush a position at this pivot zone.
Summary:
Compression at resistance can lead to explosive moves—but can also trap late buyers. Let price prove itself before committing.
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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.