Key Development:
Price has reacted strongly at the major purple support zone, signaling potential trend reversal (bearish → bullish).
Reversal Confirmation Trade:
Break & Retest Strategy:
Price has reacted strongly at the major purple support zone, signaling potential trend reversal (bearish → bullish).
Reversal Confirmation Trade:
Break & Retest Strategy:
- Wait for price to break above the minor green resistance zone
- Enter long on the pullback to retest the green zone as new support
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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.