The resistance at 1.36554 may be weak due to:
Multiple taps already
Reduced seller interest
A breakout above this zone could trigger short covering → sharp rally
✅ 2. Higher Low Structure
Recent low at 1.35475 held strong
Current consolidation appears like a bullish flag or accumulation range
Could indicate continuation, not rejection
✅ 3. Fakeout Reversal Setup
If price dips into the support at 1.35475 again, it might:
Trap breakout traders
Reverse and form a new impulse leg upward
Target = 1.3700–1.3750 zone
Multiple taps already
Reduced seller interest
A breakout above this zone could trigger short covering → sharp rally
✅ 2. Higher Low Structure
Recent low at 1.35475 held strong
Current consolidation appears like a bullish flag or accumulation range
Could indicate continuation, not rejection
✅ 3. Fakeout Reversal Setup
If price dips into the support at 1.35475 again, it might:
Trap breakout traders
Reverse and form a new impulse leg upward
Target = 1.3700–1.3750 zone
Trade active
t.me/Zara_Official_Manager
Daily 3-5 Accurate with Zara Signals
Zara trader
Maximize Your Profits with Our 12+ Years of Trading Experience
Instant Trade Alerts for High-Accuracy Signals
t.me/Zara_Official_Manager
Daily 3-5 Accurate with Zara Signals
Zara trader
Maximize Your Profits with Our 12+ Years of Trading Experience
Instant Trade Alerts for High-Accuracy Signals
t.me/Zara_Official_Manager
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.
t.me/Zara_Official_Manager
Daily 3-5 Accurate with Zara Signals
Zara trader
Maximize Your Profits with Our 12+ Years of Trading Experience
Instant Trade Alerts for High-Accuracy Signals
t.me/Zara_Official_Manager
Daily 3-5 Accurate with Zara Signals
Zara trader
Maximize Your Profits with Our 12+ Years of Trading Experience
Instant Trade Alerts for High-Accuracy Signals
t.me/Zara_Official_Manager
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.