๐ Trendline Break
๐ต A key trendline was broken ๐ฝ (bearish โก๏ธ bullish shift).
โ๏ธ This break signals potential upside movement as sellers lose control.
๐ฆ Demand Zone (BUY Area)
๐ Zone: 0.83967 โ 0.84249
๐ Buyers expected here!
๐ข Price may pull back here before heading up.
๐ก This is marked as the ENTRY POINT zone.
๐ด Stop Loss Zone
๐ Level: 0.83977
โ Place stop loss just below the demand zone.
๐ก๏ธ Protects against downside breakout risk.
๐ง Resistance Zone
๐ Around: 0.84500 โ 0.84600
โ ๏ธ Price may face resistance temporarily before continuing the upward move.
๐ Testing this area confirms strength.
๐ฉ Target Zone
๐ฏ Target Point: 0.85250
๐ธ If the trade plays out, this is where profit is expected.
๐ Bullish target above the resistance zone.
โ Trade Setup Summary
๐งฉ Details
๐ฆ Entry 0.84240 (inside demand zone)
๐ด Stop Loss 0.83977 (below demand zone)
๐ฉ Target 0.85250 (above resistance)
๐ R/R Ratio ~1:4 (great risk/reward!)
๐ Final Outlook:
๐ Watch for: Pullback to entry zone
๐ข Then look for: Bullish candlestick confirmation
๐ Goal: Ride it up to 0.85250 with strong momentum
๐ต A key trendline was broken ๐ฝ (bearish โก๏ธ bullish shift).
โ๏ธ This break signals potential upside movement as sellers lose control.
๐ฆ Demand Zone (BUY Area)
๐ Zone: 0.83967 โ 0.84249
๐ Buyers expected here!
๐ข Price may pull back here before heading up.
๐ก This is marked as the ENTRY POINT zone.
๐ด Stop Loss Zone
๐ Level: 0.83977
โ Place stop loss just below the demand zone.
๐ก๏ธ Protects against downside breakout risk.
๐ง Resistance Zone
๐ Around: 0.84500 โ 0.84600
โ ๏ธ Price may face resistance temporarily before continuing the upward move.
๐ Testing this area confirms strength.
๐ฉ Target Zone
๐ฏ Target Point: 0.85250
๐ธ If the trade plays out, this is where profit is expected.
๐ Bullish target above the resistance zone.
โ Trade Setup Summary
๐งฉ Details
๐ฆ Entry 0.84240 (inside demand zone)
๐ด Stop Loss 0.83977 (below demand zone)
๐ฉ Target 0.85250 (above resistance)
๐ R/R Ratio ~1:4 (great risk/reward!)
๐ Final Outlook:
๐ Watch for: Pullback to entry zone
๐ข Then look for: Bullish candlestick confirmation
๐ Goal: Ride it up to 0.85250 with strong momentum
Note
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join my refferal broker
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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.