📍 FVG Resistance: 96,500
Price has reached the Fair Value Gap (FVG) at 96,500, which could act as a resistance level.
📉 Reversal Patterns: If patterns like Double Top or Bearish Engulfing form at this level, the sell signal is confirmed.
🎯 Sell Targets:
First target: 90,000
Second target: 87,000
🔴 Stop Loss: Above 99,800
✅ Conclusion: If price rejects at 96,500 and reversal patterns form, enter the sell trade.
Price has reached the Fair Value Gap (FVG) at 96,500, which could act as a resistance level.
📉 Reversal Patterns: If patterns like Double Top or Bearish Engulfing form at this level, the sell signal is confirmed.
🎯 Sell Targets:
First target: 90,000
Second target: 87,000
🔴 Stop Loss: Above 99,800
✅ Conclusion: If price rejects at 96,500 and reversal patterns form, enter the sell trade.
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Related publications
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.