Breakdown from 30m rising wedge confirmed with volume. Retest at 107.5K failed. Price now under EMAs.
4H also broke rising channel → rejection from 108.4K.
Key support: 106.4K.
Break below = 105.2K target.
Reclaim 107.5K = upside risk to 108.8K+.
Bias: Bearish below 107.5K.
Volume confirms move.
4H also broke rising channel → rejection from 108.4K.
Key support: 106.4K.
Break below = 105.2K target.
Reclaim 107.5K = upside risk to 108.8K+.
Bias: Bearish below 107.5K.
Volume confirms move.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.