hello guys.
Range-Bound Market: Price is moving within a range, with resistance at $66,813.59 and support around $56,200-$54,650.
Upside and Downside Hunting: Failed breakout attempts suggest a potential liquidity grab; price may dip below the current range (downside hunting) before reversing.
Key Levels:
Resistance: $66,813.59
Support: $56,200 - $54,650
Outlook: Short-term bearish with a potential reversal from lower support zones. Watch for a breakout above the range.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Range-Bound Market: Price is moving within a range, with resistance at $66,813.59 and support around $56,200-$54,650.
Upside and Downside Hunting: Failed breakout attempts suggest a potential liquidity grab; price may dip below the current range (downside hunting) before reversing.
Key Levels:
Resistance: $66,813.59
Support: $56,200 - $54,650
Outlook: Short-term bearish with a potential reversal from lower support zones. Watch for a breakout above the range.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
it touched the $56K RESISTANCE level.Trade closed: target reached
the short position target touched.
don't get any long position now until I'll get a confirmation.
Note
do you think has it been confirmed?
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.