🔵 Key Zones and Levels
🟦 Demand Zone: Strong support area where price has bounced multiple times.
✅ Confluence with the trendline gives extra strength.
🎯 Entry Point: 1.78990
Perfect spot for a potential buy setup.
🛑 Stop Loss: 1.76962
Below the demand zone to protect against false breakouts.
🚀 Target Point: 1.87500
Profit goal with an impressive +4.85% potential (867.4 pips)!
📊 Price Action
📍Current price: 1.80528 (hovering near EMA and close to entry)
🔁 Price has tested the support zone several times — showing signs of accumulation.
⬆️ Potential bullish breakout from this zone.
🔍 Indicators & Patterns
📏 EMA (7): Price is near it, waiting for a clear move above for momentum.
📈 Trendline: Holding well as dynamic support.
🔶 Channel pattern: Higher highs and higher lows indicate uptrend structure.
📌 Summary
🟢 Buy Setup:
🛒 Entry: 1.78990
🛑 Stop Loss: 1.76962
🎯 Target: 1.87500
⚖️ Risk-Reward: Great R:R setup with strong technical backing!
🟦 Demand Zone: Strong support area where price has bounced multiple times.
✅ Confluence with the trendline gives extra strength.
🎯 Entry Point: 1.78990
Perfect spot for a potential buy setup.
🛑 Stop Loss: 1.76962
Below the demand zone to protect against false breakouts.
🚀 Target Point: 1.87500
Profit goal with an impressive +4.85% potential (867.4 pips)!
📊 Price Action
📍Current price: 1.80528 (hovering near EMA and close to entry)
🔁 Price has tested the support zone several times — showing signs of accumulation.
⬆️ Potential bullish breakout from this zone.
🔍 Indicators & Patterns
📏 EMA (7): Price is near it, waiting for a clear move above for momentum.
📈 Trendline: Holding well as dynamic support.
🔶 Channel pattern: Higher highs and higher lows indicate uptrend structure.
📌 Summary
🟢 Buy Setup:
🛒 Entry: 1.78990
🛑 Stop Loss: 1.76962
🎯 Target: 1.87500
⚖️ Risk-Reward: Great R:R setup with strong technical backing!
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Disclaimer
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join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.