Daily Analysis:
Price is respecting the long-term trendline support and still holding firmly above the 3300 region. Bulls are defending structure with a clean series of higher lows. No major change in trend as long as price remains above 3246.
4H Analysis:
Price is consolidating above the trendline and building structure around 3350. A clean break and close above 3365 could ignite a push toward the 3450 supply zone.
1H Analysis:
Descending trendline break confirmed with bullish closure. Retest holding well above 3350. If structure remains intact, next short-term target is 3375–3390.
Confirmation & Entry:
Break and close above 3365 with strong bullish candle = confirmation. Optional entry on 3350–3355 retest. Targets: 3390, 3450.
Price is respecting the long-term trendline support and still holding firmly above the 3300 region. Bulls are defending structure with a clean series of higher lows. No major change in trend as long as price remains above 3246.
4H Analysis:
Price is consolidating above the trendline and building structure around 3350. A clean break and close above 3365 could ignite a push toward the 3450 supply zone.
1H Analysis:
Descending trendline break confirmed with bullish closure. Retest holding well above 3350. If structure remains intact, next short-term target is 3375–3390.
Confirmation & Entry:
Break and close above 3365 with strong bullish candle = confirmation. Optional entry on 3350–3355 retest. Targets: 3390, 3450.
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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.