In my weekly analysis shared before markets opened, the 3235–3240 USD area was highlighted as a critical support zone. The price broke out of the falling channel, confirmed by bullish price action in the 2-hour timeframe, leading to a significant upward move.
As of writing this post, the target zone (a 90 USD move, over 2.8% gain) has been successfully reached.
The analysis was based on market structure, breakout validation, and CME Holder/Customer position data.
Stay tuned for further updates.
Analyst: Mohsen Mozaffari-Nejad
mmozafari1357
As of writing this post, the target zone (a 90 USD move, over 2.8% gain) has been successfully reached.
The analysis was based on market structure, breakout validation, and CME Holder/Customer position data.
Stay tuned for further updates.
Analyst: Mohsen Mozaffari-Nejad
mmozafari1357
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.