May be market move in uptrend.
📈Trade Setup Analysis:
Entry : Around $3,368 near the trendline breakout and just above the resistance zone.
Stop Loss : Around $3,345 below the support area - gives room for market noise.
Target : Around $3,415 based on previous highs, aiming for a 2:1 or better risk -reward ratio.
Support Area :
clearly marked in green, around the 3,335-3,350 zone. price has bounced off this area multiple times, showing strong demand.
Resistance Zone :
iden tified in red/orange, around the $3,375-$3,385 zone . price has been rejected here previously, forming a descending triangle pattern.
✅ Bullish factors :
1- Trendline breakout suggests momentum shift to the upside.
2- Support area holding strong.
3- volume increasing at the breakout indicating strength.
4- Double bottom/ reversal pattern nearsupport area.
📈Trade Setup Analysis:
Entry : Around $3,368 near the trendline breakout and just above the resistance zone.
Stop Loss : Around $3,345 below the support area - gives room for market noise.
Target : Around $3,415 based on previous highs, aiming for a 2:1 or better risk -reward ratio.
Support Area :
clearly marked in green, around the 3,335-3,350 zone. price has bounced off this area multiple times, showing strong demand.
Resistance Zone :
iden tified in red/orange, around the $3,375-$3,385 zone . price has been rejected here previously, forming a descending triangle pattern.
✅ Bullish factors :
1- Trendline breakout suggests momentum shift to the upside.
2- Support area holding strong.
3- volume increasing at the breakout indicating strength.
4- Double bottom/ reversal pattern nearsupport area.
Trade closed: target reached
Our half target successfully hit around 300+PIPS market in our favour. now breakeven the trade and Ready for the next target.
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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.
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.