A significant trendline has been broken. The price has formed a bullish CH (Change of Character) on the chart. In addition to the identified support zone, a key level also passes through this area, which the price has successfully retested.
As long as the green zone holds, a move toward the targets is expected.
The closure of a daily candle below the invalidation level would negate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
As long as the green zone holds, a move toward the targets is expected.
The closure of a daily candle below the invalidation level would negate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
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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.
🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
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.