Technical Snapshot (1H Timeframe):
✅ Morning Star pattern at key support/resistance zone (169.90–170.00), indicating potential bullish reversal.
📈 Price holds above 55 EMA, confirming structure support and sustained uptrend.
💥 MACD Bullish Crossover signaling renewed upward momentum.
🔄 RSI crossover above its MA from the 50 level – a classic sign of buyer strength resuming.
Bias: Bullish
As long as price sustains above the EMA cluster and doesn’t close below the 170.00 zone, bulls are in control. Watch for a retest + push scenario for low-risk entries.
This idea is for educational purposes only – not financial advice.
✅ Morning Star pattern at key support/resistance zone (169.90–170.00), indicating potential bullish reversal.
📈 Price holds above 55 EMA, confirming structure support and sustained uptrend.
💥 MACD Bullish Crossover signaling renewed upward momentum.
🔄 RSI crossover above its MA from the 50 level – a classic sign of buyer strength resuming.
Bias: Bullish
As long as price sustains above the EMA cluster and doesn’t close below the 170.00 zone, bulls are in control. Watch for a retest + push scenario for low-risk entries.
This idea is for educational purposes only – not financial advice.
DKtrades
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.
DKtrades
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.