Market Alert: The current price action is stuck within a critical 30-minute Engulfing Buy Zone, spanning from $3032.70 to $3029.50. This zone is a crucial inflection point, and a breakout or breakdown from this range will likely determine the next directional move.
Traders are advised to keep a close eye on this zone, as a successful breakout above $3032.70 could trigger a bullish momentum, while a breakdown below $3029.50 may lead to a bearish reversal.
Monitor the price action closely, and be prepared to adjust your trading strategy accordingly
Traders are advised to keep a close eye on this zone, as a successful breakout above $3032.70 could trigger a bullish momentum, while a breakdown below $3029.50 may lead to a bearish reversal.
Monitor the price action closely, and be prepared to adjust your trading strategy accordingly
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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.