May be consolidation market bullish in up trend .
📍 Trade Setup:
Entry Point 3,274 USD At/near the support zone and bottom of the channel.
Stop Loss 3,260 USD Below support; protects against false breakouts.
Take Profit 1 (TP1) 3,300 USD At the first resistance zone.
Take Profit 2 (TP2) 3,320 USD Further resistance level.
Final Target 3,350–3,360 USD Potential full breakout from the channel.
🔍 Technical Breakdown
1. Chart Pattern Observed:
Price has been moving downward within a well-defined descending channel (highlighted in green). This often signals a potential bullish reversal, especially after a prior upward impulse .
2. Support and Resistance:
Support Area: Marked near 3,273–3,275 USD, where price is currently reacting. This is key for potential entry. Resistance Zone: Around 3,298–3,300 USD, which previously acted as a supply zone before the recent drop.
📍 Trade Setup:
Entry Point 3,274 USD At/near the support zone and bottom of the channel.
Stop Loss 3,260 USD Below support; protects against false breakouts.
Take Profit 1 (TP1) 3,300 USD At the first resistance zone.
Take Profit 2 (TP2) 3,320 USD Further resistance level.
Final Target 3,350–3,360 USD Potential full breakout from the channel.
🔍 Technical Breakdown
1. Chart Pattern Observed:
Price has been moving downward within a well-defined descending channel (highlighted in green). This often signals a potential bullish reversal, especially after a prior upward impulse .
2. Support and Resistance:
Support Area: Marked near 3,273–3,275 USD, where price is currently reacting. This is key for potential entry. Resistance Zone: Around 3,298–3,300 USD, which previously acted as a supply zone before the recent drop.
Trade active
congratulation guys our target 1 has been successfully hit around 260+PIPS profit in running progress .market is falling but hold it very soon market will be touch 3,320. so be active .
Trade closed: target reached
Congratulation guys our all Target has been successfully reached around 670+PIPS is in running profit . I hope you are enjoy my targetr . i hope are you happy.
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Disclaimer
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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.