๐ Trading Framework โ Positioning on Pullbacks | Reacting at Resistance
๐ข Rebound Strategy โ Buy Zones:
โข Entry: $3,215 โ $3,190 โ $3,165 โ $3,135
โข Targets: TP1 $3,250 โ TP2 $3,265 โ TP3 $3,295 โ TP4 $3,320
๐ด Downtrend Strategy โ Sell Zones:
โข Entry: $3,340 โ $3,378 โ $3,408 โ $3,428
โข Targets: TP1 $3,310 โ TP2 $3,290 โ TP3 $3,260 โ TP4 $3,230
๐ Technical Snapshot
Indicator Status
D1 SMA 100 โ Buy @ $3,050.15
D1 SMA 200 โ Buy @ $2,980.78
H4 SMA 100/200 โ Sell / โ Buy ($3,330 / $3,190)
H1 SMA 100/200 โ Sell ($3,310 / $3,325)
RSI (14) โ Sell
MACD / ADX / STOCH โ Sell / โ Sell / โ๏ธ Neutral
ATR (14) ๐ Low Volatility
Overall Sentiment โ Buy
๐ Key Guidance
โข CPI data may trigger sharp movesโadjust stop-loss & lot sizes
โข Watch: Headline CPI (YoY) and Core CPI (MoM) (April release)
โข Prior zones have yielded resultsโlevels remain highly actionable
๐ก Conclusion: Stay adaptable. CPI will guide short-term trend. We're ready for breakouts or pullbacks.
โ ๏ธ Risk management is your best strategyโprofits follow discipline.
๐ข Rebound Strategy โ Buy Zones:
โข Entry: $3,215 โ $3,190 โ $3,165 โ $3,135
โข Targets: TP1 $3,250 โ TP2 $3,265 โ TP3 $3,295 โ TP4 $3,320
๐ด Downtrend Strategy โ Sell Zones:
โข Entry: $3,340 โ $3,378 โ $3,408 โ $3,428
โข Targets: TP1 $3,310 โ TP2 $3,290 โ TP3 $3,260 โ TP4 $3,230
๐ Technical Snapshot
Indicator Status
D1 SMA 100 โ Buy @ $3,050.15
D1 SMA 200 โ Buy @ $2,980.78
H4 SMA 100/200 โ Sell / โ Buy ($3,330 / $3,190)
H1 SMA 100/200 โ Sell ($3,310 / $3,325)
RSI (14) โ Sell
MACD / ADX / STOCH โ Sell / โ Sell / โ๏ธ Neutral
ATR (14) ๐ Low Volatility
Overall Sentiment โ Buy
๐ Key Guidance
โข CPI data may trigger sharp movesโadjust stop-loss & lot sizes
โข Watch: Headline CPI (YoY) and Core CPI (MoM) (April release)
โข Prior zones have yielded resultsโlevels remain highly actionable
๐ก Conclusion: Stay adaptable. CPI will guide short-term trend. We're ready for breakouts or pullbacks.
โ ๏ธ Risk management is your best strategyโprofits follow discipline.
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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.