Trade Idea
Duration: Intraday
Expires: 10/06/2025 07:00
Technical Overview
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 93.70
- Target: 94.70
- Stop Loss: 93.20
Duration: Intraday
Expires: 10/06/2025 07:00
Technical Overview
- The broader trend remains bullish, and there is no clear sign the uptrend is ending.
- A temporary correction is expected, offering an opportunity to enter near key support at 93.70.
- Short-term RSI has turned positive, suggesting momentum may soon favor bulls again.
- A breakout above 94.25 would confirm bullish momentum, aligning with a measured move target of 94.75.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.