May be consolidation Market goes to high
1. Support Area:
Around $3,298 - $3,310
Price has previously bounced from this zone, confirming it as strong demand/support.
2. Resistance Zone:
Around $3,355 - $3,360
Trade Setup
Entry: ~$3,356 (already near current price)
Stop Loss: ~$3,336
Target: ~$3,400
V-Shaped Recovery: A sharp bullish reversal from the support zone around June 29.
Breakout & Retest: Price has broken the resistance zone and now possibly retesting it as support before continuing upward.
Outlook & Considerations
✅ Bullish Bias Justification:
Price broke resistance and is now in a higher-high, higher-low pattern.
Supertrend supports upside.
Support held firm during the previous downtrend.
⚠ Risks:
If price falls below $3,336 (stop loss area), it could invalidate the bullish setup.
Conclusion:
This chart shows a bullish breakout and continuation setup with a favorable risk-to-reward ratio. A long position from around $3,356 aiming for $3,400 with a stop at $3,336 is technically sound based on current data.
1. Support Area:
Around $3,298 - $3,310
Price has previously bounced from this zone, confirming it as strong demand/support.
2. Resistance Zone:
Around $3,355 - $3,360
Trade Setup
Entry: ~$3,356 (already near current price)
Stop Loss: ~$3,336
Target: ~$3,400
V-Shaped Recovery: A sharp bullish reversal from the support zone around June 29.
Breakout & Retest: Price has broken the resistance zone and now possibly retesting it as support before continuing upward.
Outlook & Considerations
✅ Bullish Bias Justification:
Price broke resistance and is now in a higher-high, higher-low pattern.
Supertrend supports upside.
Support held firm during the previous downtrend.
⚠ Risks:
If price falls below $3,336 (stop loss area), it could invalidate the bullish setup.
Conclusion:
This chart shows a bullish breakout and continuation setup with a favorable risk-to-reward ratio. A long position from around $3,356 aiming for $3,400 with a stop at $3,336 is technically sound based on current data.
Trade active
our half target hit succesfully around 100+PIPS in profit . hold the trades .Trade closed: stop reached
Sorry guys Stop Loss hit my target but first 100+PIPS is in profit then Stop Best Analysis xauuad single
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
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 xauuad single
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
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.