📉 1. Downtrend Ends
🔽 Price was falling earlier (left side of chart)
🔄 Then it reversed at the bottom of the channel (yellow dot)
➡️ Trend Change Begins
📈 2. Uptrend Channel Forms
📊 Channel consists of:
🔵 Resistance Line (upper blue)
🟢 Support Line (lower blue)
🔁 Price is bouncing between these two lines like a pinball:
🔵 Resistance Line
| 🔼
🟢 Support Line
💠 3. Key Trading Zone
🔷 DEMAND ZONE: (Bright blue box)
🟦 Between 1.74697 and 1.75349
👉 Buyer interest expected here
🎯 4. Trade Setup (Bullish Idea)
🟢 Entry Point:
📍 1.75349
✨ Near support zone and channel bottom
🔻 Stop Loss:
🚫 1.74710
📉 Below the demand zone, protects from downside
🎯 Target Point:
🎯 1.77800
📈 Near the resistance line at the top of the channel
📊 Strategy Flow (Emoji Dots Path)
📉 🔽 🔽 🔽
🟡 Bottom found
⬆️ 🔼 🔼 🔼
📈 Enters channel
🟦 Price enters DEMAND ZONE
🔽
🔵 Entry: 1.75349
🔼
🎯 Target: 1.77800
✅ Final Thoughts
This is a clean bullish setup within a rising channel
✅ Wait for price action confirmation (like a bullish candle 🕯️) in the demand zone
🔒 Protect with your stop loss
🚀 Potential reward is strong if it bounces up
🔽 Price was falling earlier (left side of chart)
🔄 Then it reversed at the bottom of the channel (yellow dot)
➡️ Trend Change Begins
📈 2. Uptrend Channel Forms
📊 Channel consists of:
🔵 Resistance Line (upper blue)
🟢 Support Line (lower blue)
🔁 Price is bouncing between these two lines like a pinball:
🔵 Resistance Line
| 🔼
🟢 Support Line
💠 3. Key Trading Zone
🔷 DEMAND ZONE: (Bright blue box)
🟦 Between 1.74697 and 1.75349
👉 Buyer interest expected here
🎯 4. Trade Setup (Bullish Idea)
🟢 Entry Point:
📍 1.75349
✨ Near support zone and channel bottom
🔻 Stop Loss:
🚫 1.74710
📉 Below the demand zone, protects from downside
🎯 Target Point:
🎯 1.77800
📈 Near the resistance line at the top of the channel
📊 Strategy Flow (Emoji Dots Path)
📉 🔽 🔽 🔽
🟡 Bottom found
⬆️ 🔼 🔼 🔼
📈 Enters channel
🟦 Price enters DEMAND ZONE
🔽
🔵 Entry: 1.75349
🔼
🎯 Target: 1.77800
✅ Final Thoughts
This is a clean bullish setup within a rising channel
✅ Wait for price action confirmation (like a bullish candle 🕯️) in the demand zone
🔒 Protect with your stop loss
🚀 Potential reward is strong if it bounces up
join my tellegram channel
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join my refferal broker
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t.me/JaMesGoldFiGhteR786
join my refferal broker
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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 my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.