Hello Trader,
Today Fomc News Coming soon and My all time favorite new all news my favorite and we are sure 500+ pips collected all big news favorite...
1. Uptrend Channel:
The price was moving within an ascending channel, making higher highs and higher lows.
The channel is drawn with two parallel black trendlines.
2. Breakout Point:
The price broke above the upper trendline (marked with a red circle), signaling a potential bullish breakout.
The label "breakout" confirms this observation.
3. Target and Price Action:
A green target zone is marked around 3,070 - 3,092, suggesting a potential price objective if the breakout sustains.
The blue arrows show a possible price movement—pullback to retest the breakout level before continuing upward.
If the breakout fails, price may drop back into the channel, leading to a reversal.
4. Stop-Loss (SL):
A stop-loss (SL) level is marked below the 3,004 level, just beneath the trendline, to protect against false breakouts.
Summary:
The trendline breakout suggests a bullish continuation if the price holds above the breakout level.
A retest of the breakout level is expected before further upside.
If the price drops below 3,004, the breakout could be invalidated.
Would you like a deeper analysis or additional trading insights on this setup?
Today Fomc News Coming soon and My all time favorite new all news my favorite and we are sure 500+ pips collected all big news favorite...
1. Uptrend Channel:
The price was moving within an ascending channel, making higher highs and higher lows.
The channel is drawn with two parallel black trendlines.
2. Breakout Point:
The price broke above the upper trendline (marked with a red circle), signaling a potential bullish breakout.
The label "breakout" confirms this observation.
3. Target and Price Action:
A green target zone is marked around 3,070 - 3,092, suggesting a potential price objective if the breakout sustains.
The blue arrows show a possible price movement—pullback to retest the breakout level before continuing upward.
If the breakout fails, price may drop back into the channel, leading to a reversal.
4. Stop-Loss (SL):
A stop-loss (SL) level is marked below the 3,004 level, just beneath the trendline, to protect against false breakouts.
Summary:
The trendline breakout suggests a bullish continuation if the price holds above the breakout level.
A retest of the breakout level is expected before further upside.
If the price drops below 3,004, the breakout could be invalidated.
Would you like a deeper analysis or additional trading insights on this setup?
Pubblicazioni correlate
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.
Pubblicazioni correlate
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.