🟡 What happened yesterday?
In my previous analysis, I mentioned that the drop from 3360 could be just a correction — and my strategy was to buy the dips.
That’s exactly what I did, buying from the zone I highlighted in yesterday's analysis.
❗ This morning I updated the situation on “minds”
I said we now have a clearer picture:
A break above 3350 would confirm bullish continuation toward the 3400 zone
But a break below yesterday’s low would shift the outlook to bearish and open the door for 3250
📉 What followed?
I closed my long with a small 80 pip profit. More important than the gain itself is this:
The picture is now clear — bears have taken control.
- The ascending trendline is broken.
- The recent touch of 3360 looks like a lower high in the bigger structure.
🧭 My strategy has now changed:
➡️ I'm shifting to selling the rallies
➡️ My target for this bearish leg: 3250
Let’s see if price confirms the scenario in the next sessions — but for now, the signal is clear. Bearish bias in play.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
In my previous analysis, I mentioned that the drop from 3360 could be just a correction — and my strategy was to buy the dips.
That’s exactly what I did, buying from the zone I highlighted in yesterday's analysis.
❗ This morning I updated the situation on “minds”
I said we now have a clearer picture:
A break above 3350 would confirm bullish continuation toward the 3400 zone
But a break below yesterday’s low would shift the outlook to bearish and open the door for 3250
📉 What followed?
I closed my long with a small 80 pip profit. More important than the gain itself is this:
The picture is now clear — bears have taken control.
- The ascending trendline is broken.
- The recent touch of 3360 looks like a lower high in the bigger structure.
🧭 My strategy has now changed:
➡️ I'm shifting to selling the rallies
➡️ My target for this bearish leg: 3250
Let’s see if price confirms the scenario in the next sessions — but for now, the signal is clear. Bearish bias in play.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.