📈 This is a bullish setup using a demand zone bounce strategy on the 15-minute timeframe.
Key Zones & Levels
🔵 Demand Zone:
The blue box is where price previously bounced strongly.
Buyers are likely to step in again here.
✳️ Entry Point:
3,292.38
Just above the demand zone – a safe place to catch the next bounce.
⛔ Stop Loss:
3,280.93
Below the demand zone to protect against a breakdown.
🎯 Target Point:
3,345.09
Near a previous resistance area.
Potential gain: +51.94 pts / 1.58%
Indicators
🟡 EMA (7):
Current value: 3,303.63
Price hovering around EMA = consolidation or setup for a bounce.
Risk-Reward Calculation
⚠️ Risk: 11.45 points
✅ Reward: 52.71 points
⭐ Risk-Reward Ratio: ~4.6:1
Very favorable!
Price Action Summary
📊 Strong uptrend into demand zone
🔁 Minor pullback = potential setup
✅ Ideal entry after bullish confirmation (e.g., bullish candle pattern)
Conclusion
This setup looks solid:
✅ Clear demand zone support
✅ High R:R ratio
✅ Clean target above
Just wait for a bullish signal inside the zone and ride it up!
Key Zones & Levels
🔵 Demand Zone:
The blue box is where price previously bounced strongly.
Buyers are likely to step in again here.
✳️ Entry Point:
3,292.38
Just above the demand zone – a safe place to catch the next bounce.
⛔ Stop Loss:
3,280.93
Below the demand zone to protect against a breakdown.
🎯 Target Point:
3,345.09
Near a previous resistance area.
Potential gain: +51.94 pts / 1.58%
Indicators
🟡 EMA (7):
Current value: 3,303.63
Price hovering around EMA = consolidation or setup for a bounce.
Risk-Reward Calculation
⚠️ Risk: 11.45 points
✅ Reward: 52.71 points
⭐ Risk-Reward Ratio: ~4.6:1
Very favorable!
Price Action Summary
📊 Strong uptrend into demand zone
🔁 Minor pullback = potential setup
✅ Ideal entry after bullish confirmation (e.g., bullish candle pattern)
Conclusion
This setup looks solid:
✅ Clear demand zone support
✅ High R:R ratio
✅ Clean target above
Just wait for a bullish signal inside the zone and ride it up!
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Related publications
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 tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
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.