🟡🟡🟡
🕒 June 17, 2025
Bias: Medium-Term Bullish
Structure: Breakout → Retest → Continuation
Context: Trendline break + confluence with EMA + prior resistance turned support
🔍 Market Structure Insight:
Major descending trendline broken with strong impulsive momentum.
Pullback held at the intersection of:
Broken trendline retest
EMA 60 dynamic support
Bullish structure of HL-HH (Higher Low / Higher High)
Strong bullish candle at support
✅ Trade Plan – Buy Stop Setup
Entry (Buy Stop): 3402
SL: 3373 (below the pullback structure + EMAs)
TP1: 3430 (local resistance area)
TP2: 3470 (measured move from previous leg height)
#XAUUSD #Gold #TechnicalAnalysis #BreakoutSetup #Forex #EMA #SqueezePlay #TrianglePattern #tradingview #MJTrading
🕒 June 17, 2025
Bias: Medium-Term Bullish
Structure: Breakout → Retest → Continuation
Context: Trendline break + confluence with EMA + prior resistance turned support
🔍 Market Structure Insight:
Major descending trendline broken with strong impulsive momentum.
Pullback held at the intersection of:
Broken trendline retest
EMA 60 dynamic support
Bullish structure of HL-HH (Higher Low / Higher High)
Strong bullish candle at support
✅ Trade Plan – Buy Stop Setup
Entry (Buy Stop): 3402
SL: 3373 (below the pullback structure + EMAs)
TP1: 3430 (local resistance area)
TP2: 3470 (measured move from previous leg height)
#XAUUSD #Gold #TechnicalAnalysis #BreakoutSetup #Forex #EMA #SqueezePlay #TrianglePattern #tradingview #MJTrading
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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.