May be consoldation price bullish in high .
🧠 Key Technical Elements Identified:
🔹 Trend Structure
The pair is in a clear uptrend, marked by ascending black arrows.
Price has been respecting support zones and forming bullish structure.
🔹 Support & Resistance Zones
Lower Support (around 1.14500–1.15500): Strong base of the recent rally.
Support Area (~1.16000–1.17000): Previously resistance, now flipped to support (classic SR flip).
Resistance Zone (1.17000–1.18000): Has been broken and retested.
✅ Trade Idea on Chart:
Entry: Around 1.1799 (current market price or after minor dip)
Target: ~1.19438 (green box target zone)
Stop Loss: Below 1.17140 (orange box stop zone)
📊 Price Action:
Breakout from resistance zone and recent retest implies bullish continuation.
Small consolidation (highlighted in orange) suggests bullish flag or pennant pattern – continuation signal.
Ichimoku Cloud (green line) shows strong support and bullish bias.
📌 Conclusion
Clean structure, support holding, SR flip, and breakout-retest setup.
Wait for a minor pullback to the support area (around 1.17500–1.17140) to rejoin the trend toward 1.19400.
🧠 Key Technical Elements Identified:
🔹 Trend Structure
The pair is in a clear uptrend, marked by ascending black arrows.
Price has been respecting support zones and forming bullish structure.
🔹 Support & Resistance Zones
Lower Support (around 1.14500–1.15500): Strong base of the recent rally.
Support Area (~1.16000–1.17000): Previously resistance, now flipped to support (classic SR flip).
Resistance Zone (1.17000–1.18000): Has been broken and retested.
✅ Trade Idea on Chart:
Entry: Around 1.1799 (current market price or after minor dip)
Target: ~1.19438 (green box target zone)
Stop Loss: Below 1.17140 (orange box stop zone)
📊 Price Action:
Breakout from resistance zone and recent retest implies bullish continuation.
Small consolidation (highlighted in orange) suggests bullish flag or pennant pattern – continuation signal.
Ichimoku Cloud (green line) shows strong support and bullish bias.
📌 Conclusion
Clean structure, support holding, SR flip, and breakout-retest setup.
Wait for a minor pullback to the support area (around 1.17500–1.17140) to rejoin the trend toward 1.19400.
Order cancelled
Sorry guys market is gambling . breakeven the trades.
Best Analysis xauusd single
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VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
Disclaimer
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Best Analysis xauusd single
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
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.