The chart shows a clear ascending channel that has now been broken to the downside, signaling a bearish breakout.
Price recently tested the upper boundary near 97.00 and faced rejection.
The break below the channel support and the projection with a blue arrow suggest a trend reversal.
Multiple support levels are marked, indicating potential take-profit zones.
Key Levels:
Resistance: 97.00
Immediate Support: 95.50
Target 1 (TP1): 95.00
Target 2 (TP2): 94.50 – 94.48
Bias: Bearish
Confirmation: Watch for a clean break below 95.50 to confirm further downside momentum.
Price recently tested the upper boundary near 97.00 and faced rejection.
The break below the channel support and the projection with a blue arrow suggest a trend reversal.
Multiple support levels are marked, indicating potential take-profit zones.
Key Levels:
Resistance: 97.00
Immediate Support: 95.50
Target 1 (TP1): 95.00
Target 2 (TP2): 94.50 – 94.48
Bias: Bearish
Confirmation: Watch for a clean break below 95.50 to confirm further downside momentum.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.
📲 Join telegram channel free ..
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.