AzbelTrades

AzbelTrades

Price is currently trading within a broad range, and the main expectation is a move toward the upper boundary — but confirmation is key. I'm watching the high of the May 22 bar as a key level, since it holds the highest traded volume in recent days. If price breaks and holds above 64.987 , 🎯 First target: 67.791 🎯 Second target: 68.619

AzbelTrades

Daily Chart (D1) : I'm observing an ascending channel, with a potential manipulation near its lower boundary. If that happens, we may see the formation of a bullish pivot point. Hourly Chart (H1) : I've marked the boundaries of the daily channel on H1. There’s an unfilled gap below, and price might revisit that area. I’m watching the 5690.7 level closely — it...

AzbelTrades Updated 

I'm closely watching the 3.5341 level — it's the high of the bar with the highest volume traded recently, making it a significant area of interest. If price returns to this level, it may act as a potential pivot point for a long setup. 📈 Bullish Scenario: If price reacts positively from 3.5341, confirming buyer presence, I will consider long entries from this...

AzbelTrades Updated 

On the Daily timeframe , the seller’s level at 3366.900 , formed by the April 22nd bar, was broken by strong buying pressure and is currently being retested from above. On the Hourly chart , I’m observing a bullish wide-spread bar with the highest volume, which also broke through the 3366.900 level. 📈This bar has its own test at 3349.745, which supports...

AzbelTrades Updated 

The previous idea played out well — price hit the first long target cleanly and came just short of the second target, which was 3.4501 📍 Current outlook: I've updated the ascending channel based on the new pivot points. If we see a strong buy reaction from the 3.3575 level, I’ll expect to complete the move to 3.4501, and the next goal will be the upper boundary...

AzbelTrades

Volume-based outlook using VSA methodology and key price levels 🕐 Daily Timeframe (D1): The April 28 daily bar formed a bullish Wide spread bar on high volume. However, price is now approaching a key resistance zone at 3.4714, where sellers previously showed control. 🕐 Hourly Timeframe (H1): On the M60 chart, we’re seeing the development of an ascending...