Price is holding between $3,361.36 and $3,355.49. We’re currently chopping in the middle around $3,360, with the D1 open acting as a pivot just above the lower boundary. Trades inside this box are possible but riskier due to wicks and fast reversals.
Bullish plan (need confirmation)
Trigger: A clean 30min body close above $3,361.36 (not just a wick).
Targets: First into $3,365.08, then $3,366.19. If momentum holds, trail stops for extended upside.
Management: Take partials at the first target, move SL to breakeven once $3,361 is defended.
Bearish plan (cleaner if we break the floor)
Trigger: 30min close below $3,355.49.
Targets: First into $3,352.72; trail if sellers stay in control.
Management: Scale partials at $3,352.7, protect the rest.
Range scalp (higher risk)
Shorts: Near $3,361 on strong rejection; target mid range ($3,357–$3,358), SL above rejection high.
Longs: Near $3,355–$3,356 on strong rejection wick; target mid, SL under lows.
Use smaller size; this chop can reverse quickly.
What would confirm the break
Strong 30min body close through the level.
Retest holds as S/R.
Momentum expansion after the close.
What invalidates
Breakout closes back inside the range on the next candle → likely a trap.
Multiple wicks through the level without follow through.
Bottom line: Waiting for a 30-min close outside $3,355.49–$3,361.36. Upside focus above $3,361.36 toward $3,366.19; downside focus below $3,355.49 toward $3,352.72.
Bullish plan (need confirmation)
Trigger: A clean 30min body close above $3,361.36 (not just a wick).
Targets: First into $3,365.08, then $3,366.19. If momentum holds, trail stops for extended upside.
Management: Take partials at the first target, move SL to breakeven once $3,361 is defended.
Bearish plan (cleaner if we break the floor)
Trigger: 30min close below $3,355.49.
Targets: First into $3,352.72; trail if sellers stay in control.
Management: Scale partials at $3,352.7, protect the rest.
Range scalp (higher risk)
Shorts: Near $3,361 on strong rejection; target mid range ($3,357–$3,358), SL above rejection high.
Longs: Near $3,355–$3,356 on strong rejection wick; target mid, SL under lows.
Use smaller size; this chop can reverse quickly.
What would confirm the break
Strong 30min body close through the level.
Retest holds as S/R.
Momentum expansion after the close.
What invalidates
Breakout closes back inside the range on the next candle → likely a trap.
Multiple wicks through the level without follow through.
Bottom line: Waiting for a 30-min close outside $3,355.49–$3,361.36. Upside focus above $3,361.36 toward $3,366.19; downside focus below $3,355.49 toward $3,352.72.
Trade closed: target reached
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.