Price is currently making its way toward the Golden Point zone at 3365.120, aligning with the 0.786 Fibonacci retracement from the recent bearish leg. This area also coincides with a descending trendline, adding confluence for a potential reversal setup.
📍 Key Levels:
🔹 Resistance: 3365.120 (Golden Point / 0.786 Fib)
🔹 Support: 3302.571 (Target zone)
🔹 Swing High: 3393.776
🔹 Swing Low: 3295.200
🎯 Trade Idea:
Watching for a potential rejection from the 3365 zone to catch a short down to the 3302.571 area. Bearish confirmation required around the Golden Point before entry.
📌 This setup follows the HurricaneFx Signature Strategy.
📍 Key Levels:
🔹 Resistance: 3365.120 (Golden Point / 0.786 Fib)
🔹 Support: 3302.571 (Target zone)
🔹 Swing High: 3393.776
🔹 Swing Low: 3295.200
🎯 Trade Idea:
Watching for a potential rejection from the 3365 zone to catch a short down to the 3302.571 area. Bearish confirmation required around the Golden Point before entry.
📌 This setup follows the HurricaneFx Signature Strategy.
Aggressive Swing Trader
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.
Aggressive Swing Trader
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.