Price is currently near a strong demand zone (the shaded grey area at the bottom).
The chart expects a bullish reversal (price to move up from this zone).
The main target is set at 3,343.311.
Based on this, here’s a possible trading plan:
Entry Zone:
- Look for buy entries between 3,266 and 3,260
Targets:
- TP1: 3,290
- TP2: 3,310
- TP3 (Final Target): 3,343
Stop Loss:
- Place a stop loss below 3,255 (below the demand zone for some safety margin).
Summary:
This analysis looks strong because the price has made a "weak low" and there is a high chance for a bullish move upwards.
The chart expects a bullish reversal (price to move up from this zone).
The main target is set at 3,343.311.
Based on this, here’s a possible trading plan:
Entry Zone:
- Look for buy entries between 3,266 and 3,260
Targets:
- TP1: 3,290
- TP2: 3,310
- TP3 (Final Target): 3,343
Stop Loss:
- Place a stop loss below 3,255 (below the demand zone for some safety margin).
Summary:
This analysis looks strong because the price has made a "weak low" and there is a high chance for a bullish move upwards.
Trade active
amazing our this setup is hit 1st TP & trade running 270pipssupport with your likes, comments & Bost Thanks
Trade closed: target reached
650pips already hit setup already closed on TP 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.
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.