Price is currently testing a Break of Structure (BOS) zone near $3.26–3.46. However, the structure remains bearish as long as price remains under this zone. The long setup is only valid after a confirmed breakout and retest.
Setup:
🟩 Buy Trigger: Break and retest above $3.46
• No trade while price remains under the box
• Breakout + retest = confirmation to enter longs
• Target - resistance cluster around $5
• Stop-loss: below recent swing lows
📌 BOS Zone: $3.26–3.46
• Acting as a key inflection zone
• Once flipped, becomes the base for continuation higher
🚫 No longs inside/under box — wait for clear structure shift
Summary:
Setup requires patience — this is a breakout-retest strategy, not a bottom-picking one. Let the chart confirm direction before entering.
Setup:
🟩 Buy Trigger: Break and retest above $3.46
• No trade while price remains under the box
• Breakout + retest = confirmation to enter longs
• Target - resistance cluster around $5
• Stop-loss: below recent swing lows
📌 BOS Zone: $3.26–3.46
• Acting as a key inflection zone
• Once flipped, becomes the base for continuation higher
🚫 No longs inside/under box — wait for clear structure shift
Summary:
Setup requires patience — this is a breakout-retest strategy, not a bottom-picking one. Let the chart confirm direction before entering.
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.