CANDLE MASTER UPDATE !
Technical Analysis Overview
Key Levels:
Support Zone: ~40,652 – 40,736
Resistance Zone: ~41,240 – 41,443
Target Point: 41,443
Indicators:
EMA 50 (Red): Currently at 41,046.6
EMA 200 (Blue): Currently at 40,652.0
Trading Idea: Bullish Rebound from Support
Context:
Price recently bounced from the support zone, marked by the green arrow.
The support zone overlaps with the 200 EMA, which often acts as a strong dynamic support.
A similar bounce occurred earlier (see prior green arrow), leading to a strong rally toward resistance.
The current price action is showing a higher low, which may signal bullish continuation.
Trade Setup:
Entry (Long): Near current level (~41,080), or on a slight pullback.
Stop Loss: Below 40,652 (EMA 200 and support base).
Take Profit: At or near the resistance/target point at 41,443.
Bias:
✅ Bullish – as long as price remains above the 200 EMA and support zone.
Technical Analysis Overview
Key Levels:
Support Zone: ~40,652 – 40,736
Resistance Zone: ~41,240 – 41,443
Target Point: 41,443
Indicators:
EMA 50 (Red): Currently at 41,046.6
EMA 200 (Blue): Currently at 40,652.0
Trading Idea: Bullish Rebound from Support
Context:
Price recently bounced from the support zone, marked by the green arrow.
The support zone overlaps with the 200 EMA, which often acts as a strong dynamic support.
A similar bounce occurred earlier (see prior green arrow), leading to a strong rally toward resistance.
The current price action is showing a higher low, which may signal bullish continuation.
Trade Setup:
Entry (Long): Near current level (~41,080), or on a slight pullback.
Stop Loss: Below 40,652 (EMA 200 and support base).
Take Profit: At or near the resistance/target point at 41,443.
Bias:
✅ Bullish – as long as price remains above the 200 EMA and support zone.
Trade closed: target reached
As I analysed the chart now market touched the resistance point and MY TARGET POINT working well hope you taked profits and benefits from my analysis stay in touched for more good setups very soon I will share another analyse
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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.
﷽ᴡᴇʟᴄᴏᴍᴇ ᴛᴏ MY CANDLE MASTER CHANNEL Join my vip channel.
t.me/Fxhenry222
t.me/Brook0953
t.me/Fxhenry222
t.me/Brook0953
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.