May be market bearish in down side.
📉 Trade Setup
Entry Point: Around $3,325 – price is currently at this level.
Stop Loss: Set just above the resistance zone (~$3,340–$3,349), protecting against false breakouts.
Target: Projected around $3,290, which aligns with a previous demand/support zone and potential measured move from the bearish impulse.
✅ Reasons Supporting Bearish Bias:
Bearish Engulfing/Impulse Candle: Downward thrust from resistance suggests sellers are stepping in.
Break of Market Structure: The price broke below higher lows, signaling possible trend reversal.
Retest of Broken Support (now Resistance): Classic bearish retest setup.
Bearish Projection Arrow: Visual forecast indicating expected downward price action.
This is a bearish reversal trade setup anticipating a move down from resistance to a lower target near $3,290. A tight stop loss and defined risk-reward ratio make it a technically sound setup, assuming no major news events contradict the trend.
📉 Trade Setup
Entry Point: Around $3,325 – price is currently at this level.
Stop Loss: Set just above the resistance zone (~$3,340–$3,349), protecting against false breakouts.
Target: Projected around $3,290, which aligns with a previous demand/support zone and potential measured move from the bearish impulse.
✅ Reasons Supporting Bearish Bias:
Bearish Engulfing/Impulse Candle: Downward thrust from resistance suggests sellers are stepping in.
Break of Market Structure: The price broke below higher lows, signaling possible trend reversal.
Retest of Broken Support (now Resistance): Classic bearish retest setup.
Bearish Projection Arrow: Visual forecast indicating expected downward price action.
This is a bearish reversal trade setup anticipating a move down from resistance to a lower target near $3,290. A tight stop loss and defined risk-reward ratio make it a technically sound setup, assuming no major news events contradict the trend.
Trade closed: stop reached
Sorry guys Stop Loss hit . but dont very . i recover your losses and ready for next setup.
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.
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.