🔥 Technical Breakout with a Strong Rejection Wick!
🔸 Parallel Channel Breakout
Price has convincingly broken out of a long-standing parallel descending channel (orange) — a bullish signal indicating a potential trend reversal.
🔸 Counter Trendline Broken
The white counter-trendline was broken earlier, leading to bullish momentum building up gradually. This breakout aligns with classic reversal theory.
🔸 Supply-Demand Flip Zone (Grey Box)
The price action respected the SUPPLY → DEMAND zone beautifully before launching upward, confirming it as a key area of interest.
🔸 Long Wick Rejection Candle
Notice the most recent monthly candle: a long lower wick with a strong body, closing near the highs.
đźź Parallel Channel
⚪ Counter Trendline
âš« Grey Supply-Demand Zone
🟥 Top Supply Zone
🟢 Bullish Rejection Candle
🔸 Parallel Channel Breakout
Price has convincingly broken out of a long-standing parallel descending channel (orange) — a bullish signal indicating a potential trend reversal.
🔸 Counter Trendline Broken
The white counter-trendline was broken earlier, leading to bullish momentum building up gradually. This breakout aligns with classic reversal theory.
🔸 Supply-Demand Flip Zone (Grey Box)
The price action respected the SUPPLY → DEMAND zone beautifully before launching upward, confirming it as a key area of interest.
🔸 Long Wick Rejection Candle
Notice the most recent monthly candle: a long lower wick with a strong body, closing near the highs.
đźź Parallel Channel
⚪ Counter Trendline
âš« Grey Supply-Demand Zone
🟥 Top Supply Zone
🟢 Bullish Rejection Candle
🚀 Step Into My Trading Room 👇
🟡Telegram: t.me/hashtaghammer
đź”´ YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
đź§ľ PnL-Backed Education
📉 TradingView Strategy Breakdowns
🟡Telegram: t.me/hashtaghammer
đź”´ YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
đź§ľ PnL-Backed Education
📉 TradingView Strategy Breakdowns
Pubblicazioni correlate
Declinazione di responsabilitĂ
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.
🚀 Step Into My Trading Room 👇
🟡Telegram: t.me/hashtaghammer
đź”´ YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
đź§ľ PnL-Backed Education
📉 TradingView Strategy Breakdowns
🟡Telegram: t.me/hashtaghammer
đź”´ YouTube: youtube.com/@HashtagHammer
🔍 Market Psychology
📌 Swing + Positional Ideas
đź§ľ PnL-Backed Education
📉 TradingView Strategy Breakdowns
Pubblicazioni correlate
Declinazione di responsabilitĂ
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.