Current Price: $3,309.18
EMA 30 (Red Line): $3,265.00
EMA 200 (Blue Line): $3,163.35
Trend Direction: Strong uptrend (price above both EMAs)
Timeframe: 1-hour (short-term analysis)
📍 Key Levels
Entry Point: Around $3,266.63 (just above EMA 30)
Stop Loss: Around $3,265.00
Target (EA Target Point): $3,637.23
Potential Profit: +$365.01 or +11.16%
🔍 Technical Patterns & Zones
Rising Channel: Price is moving within a rising wedge or channel, indicating bullish momentum but with narrowing range — a potential reversal signal if broken.
Support Zone: Highlighted purple box around the entry point; likely a demand zone.
Resistance Zone: $3,637.23 area marked as the EA Target Point — previous resistance or Fibonacci extension level.
✅ Bullish Signals
Price is consistently making higher highs and higher lows.
EMAs are aligned in a bullish formation (short EMA above long EMA).
Clear breakout above consolidation range recently.
Trade setup shows favorable risk-to-reward ratio.
⚠️ Risks / Caution
Rising wedge can sometimes break down — watch for volume drop or divergence.
Potential pullback to the entry zone is expected (indicated by the arrow).
News Events: Symbols below the chart indicate upcoming USD economic data, which could bring volatility.
📈 Strategy Summary
Buy on pullback to $3,266.63 with tight stop at $3,265.00.
Target: $3,637.23 — potential 11% gain.
Risk: Minimal if stop is respected, tight stop-loss.
EMA 30 (Red Line): $3,265.00
EMA 200 (Blue Line): $3,163.35
Trend Direction: Strong uptrend (price above both EMAs)
Timeframe: 1-hour (short-term analysis)
📍 Key Levels
Entry Point: Around $3,266.63 (just above EMA 30)
Stop Loss: Around $3,265.00
Target (EA Target Point): $3,637.23
Potential Profit: +$365.01 or +11.16%
🔍 Technical Patterns & Zones
Rising Channel: Price is moving within a rising wedge or channel, indicating bullish momentum but with narrowing range — a potential reversal signal if broken.
Support Zone: Highlighted purple box around the entry point; likely a demand zone.
Resistance Zone: $3,637.23 area marked as the EA Target Point — previous resistance or Fibonacci extension level.
✅ Bullish Signals
Price is consistently making higher highs and higher lows.
EMAs are aligned in a bullish formation (short EMA above long EMA).
Clear breakout above consolidation range recently.
Trade setup shows favorable risk-to-reward ratio.
⚠️ Risks / Caution
Rising wedge can sometimes break down — watch for volume drop or divergence.
Potential pullback to the entry zone is expected (indicated by the arrow).
News Events: Symbols below the chart indicate upcoming USD economic data, which could bring volatility.
📈 Strategy Summary
Buy on pullback to $3,266.63 with tight stop at $3,265.00.
Target: $3,637.23 — potential 11% gain.
Risk: Minimal if stop is respected, tight stop-loss.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.