✅ Bullish Reversal Confirmed
Breakout from a descending wedge with a strong volume surge (3x avg)
EMA(20) crossover above EMA(50) – early uptrend signal
RSI(14) at 58.7 – shows healthy bullish momentum
MACD turning positive with a fresh signal line crossover
OBV rising in line with price – confirms genuine accumulation
🔍 Smart Money Activity
Whale bid zone spotted between $105,500–$105,600 (visible in DOM)
Breakout aligns with London session high, adding sessional strength
🧠 Technical Confluence
This move combines structure, momentum, and volume — classic signs of a trend reversal and early entry opportunity. Chart markups include the wedge breakout zone, whale bids, EMA cross, and Fibonacci levels for context.
📈 Watching for potential continuation if current momentum sustains. Clean setup backed by technicals and smart money presence.
Breakout from a descending wedge with a strong volume surge (3x avg)
EMA(20) crossover above EMA(50) – early uptrend signal
RSI(14) at 58.7 – shows healthy bullish momentum
MACD turning positive with a fresh signal line crossover
OBV rising in line with price – confirms genuine accumulation
🔍 Smart Money Activity
Whale bid zone spotted between $105,500–$105,600 (visible in DOM)
Breakout aligns with London session high, adding sessional strength
🧠 Technical Confluence
This move combines structure, momentum, and volume — classic signs of a trend reversal and early entry opportunity. Chart markups include the wedge breakout zone, whale bids, EMA cross, and Fibonacci levels for context.
📈 Watching for potential continuation if current momentum sustains. Clean setup backed by technicals and smart money presence.
Trade closed: target reached
✅ Trade Closed – Target ReachedThe bullish reversal played out perfectly. 📈
🟢 Entry Recap:
Descending wedge breakout confirmed with 3x average volume
EMA(20) crossed above EMA(50) — early trend trigger
RSI(14) held strong near 58.7
MACD flipped positive with a signal line crossover
OBV confirmed with rising accumulation
Smart money bid zone identified between $105,500–$105,600
🔍 Confluence in Action:
Breakout aligned with London session high
Fibonacci zones and DOM liquidity levels respected
Strong structure + momentum + volume = ideal setup
🎯 Target Hit:
Price followed through with sustained momentum
Trade closed at predefined target for a clean win
📌 Key Takeaway:
Patience, structure, and confluence pay. Always watch for volume confirmation and smart money footprints — they rarely lie.
On to the next one. ✅
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.
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.