🟢 Market Sentiment: Bullish Correction in Play
Price has bounced from a strong Support Zone and is attempting to retrace higher. Multiple Fair Value Gaps (FVGs) and Resistance Zones are acting as targets for a potential upward move.
---
🔻 Support Zone (Buy Area)
Support Zone Price Range Notes
Support Zone $3,285 – $3,300 Strong bounce zone, institutional demand
---
🔺 Resistance Zones (Sell/Target Areas)
Resistance Zone Price Range Notes
Resistance Zone 1 $3,355 – $3,365 Fair Value Gap (FVG) cluster – first target
Resistance Zone 2 $3,375 – $3,390 Strong supply zone – final upside resistance
---
📈 Trade Setup – Bullish Scenario
Entry (Buy): Around $3,310
Stop Loss: Below $3,285
Take Profit 1: $3,360
Take Profit 2: $3,385
Trigger: Wait for bullish candle closure above FVG or trendline bounce confirmation.
---
🧭 Directional Outlook
✅ Price is reacting positively from a high-probability demand zone.
📊 Upside is likely to test FVGs and Resistance Zones in steps.
❗ Watch for reversal signs near upper resistance ($3,385+).
---
Would you like me to redraw this setup on a clean chart with proper annotations (support/resistance, arrows, FVGs)?
Price has bounced from a strong Support Zone and is attempting to retrace higher. Multiple Fair Value Gaps (FVGs) and Resistance Zones are acting as targets for a potential upward move.
---
🔻 Support Zone (Buy Area)
Support Zone Price Range Notes
Support Zone $3,285 – $3,300 Strong bounce zone, institutional demand
---
🔺 Resistance Zones (Sell/Target Areas)
Resistance Zone Price Range Notes
Resistance Zone 1 $3,355 – $3,365 Fair Value Gap (FVG) cluster – first target
Resistance Zone 2 $3,375 – $3,390 Strong supply zone – final upside resistance
---
📈 Trade Setup – Bullish Scenario
Entry (Buy): Around $3,310
Stop Loss: Below $3,285
Take Profit 1: $3,360
Take Profit 2: $3,385
Trigger: Wait for bullish candle closure above FVG or trendline bounce confirmation.
---
🧭 Directional Outlook
✅ Price is reacting positively from a high-probability demand zone.
📊 Upside is likely to test FVGs and Resistance Zones in steps.
❗ Watch for reversal signs near upper resistance ($3,385+).
---
Would you like me to redraw this setup on a clean chart with proper annotations (support/resistance, arrows, FVGs)?
📢 Join On Telegram For Best Signals
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
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.
📢 Join On Telegram For Best Signals
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
t.me/+TDB1omSq6K1lYmM0
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.