✅ Key Levels:
Buy if Breakout: 0.60822
Invalidation (Stop Loss): 0.59983
Target 1 (TP1): 0.61495
Target 2 (TP2): 0.62160
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🔍 Analysis Summary:
Breakout Setup: Price is approaching the resistance level at 0.60822. A confirmed breakout above this level signals a potential bullish move.
Trend: Uptrend continuation expected if price holds above the breakout level.
Invalidation Point: If price breaks below 0.59983, the setup becomes invalid, suggesting bearish pressure resumes.
Targets:
First take profit at 0.61495 (safe/partial profit-taking zone)
Second take profit at 0.62160 (full target if momentum sustains)
---
⚠️ Disclaimer:
This is a technical analysis and not financial advice. Always combine with your own research and risk management strategy.
Buy if Breakout: 0.60822
Invalidation (Stop Loss): 0.59983
Target 1 (TP1): 0.61495
Target 2 (TP2): 0.62160
---
🔍 Analysis Summary:
Breakout Setup: Price is approaching the resistance level at 0.60822. A confirmed breakout above this level signals a potential bullish move.
Trend: Uptrend continuation expected if price holds above the breakout level.
Invalidation Point: If price breaks below 0.59983, the setup becomes invalid, suggesting bearish pressure resumes.
Targets:
First take profit at 0.61495 (safe/partial profit-taking zone)
Second take profit at 0.62160 (full target if momentum sustains)
---
⚠️ Disclaimer:
This is a technical analysis and not financial advice. Always combine with your own research and risk management strategy.
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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.
Related publications
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.