May be consolidation Price bearish in down Price is flly from yesterday but now Price bearish
at 3,300. because today is best news who break the market
🔍 Chart Analysis Breakdown:
A rising wedge is marked on the chart, which is typically a bearish reversal pattern, especially after a strong rally.Price is nearing the top of the wedge, suggesting a potential breakdown. Support Area: Around $3,260 – previously respected demand zone.Resistance Zone: Near $3,350 – price previously rejected here. Supply Point & Bull Wedge (Left side): Indicates historical sell pressure and overbought zone.
Entry: Around $3,350 (current price level). - Stop Loss: Above $3,370 – slightly outside wedge and resistance to protect from false breakouts. - Target: Around $3,300 to $3,295 – near the previous structure and wedge base (support).
📉 Trade Idea (Short Bias):
Bias: Bearish (Short Setup)
Rationale: Rising wedge + near resistance + strong previous supply zone = high potential for reversal. Confirmation: Wait for bearish candlestick pattern (like engulfing or shooting star) near the upper boundary of the wedge before entering.
at 3,300. because today is best news who break the market
🔍 Chart Analysis Breakdown:
A rising wedge is marked on the chart, which is typically a bearish reversal pattern, especially after a strong rally.Price is nearing the top of the wedge, suggesting a potential breakdown. Support Area: Around $3,260 – previously respected demand zone.Resistance Zone: Near $3,350 – price previously rejected here. Supply Point & Bull Wedge (Left side): Indicates historical sell pressure and overbought zone.
Entry: Around $3,350 (current price level). - Stop Loss: Above $3,370 – slightly outside wedge and resistance to protect from false breakouts. - Target: Around $3,300 to $3,295 – near the previous structure and wedge base (support).
📉 Trade Idea (Short Bias):
Bias: Bearish (Short Setup)
Rationale: Rising wedge + near resistance + strong previous supply zone = high potential for reversal. Confirmation: Wait for bearish candlestick pattern (like engulfing or shooting star) near the upper boundary of the wedge before entering.
Trade closed: target reached
Congratullation guys . our half target has been reached around 150+PIPS in profit .now breakeven the trades and get ready for next setup.
Best Analysis xauusd single
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
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 xauusd single
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
t.me/+SAB5y_Kpm8RjYjlk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+SAB5y_Kpm8RjYjlk
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.