Market bullish in uptrend
Entry : around current price near 3,350
Stop loss : Below support at 3,330
Target : near 3,400
Technical analysis:
1-Support zone holding :
Price has bounced multiple times from the support area(3,330 - 3,350).
Strong bullish rejection wicks seen near the support, suggesting buyers interest.
2- Supertrend Signal :
current supertrend is bearish (red), but a break above 3,385 would flip it bullish.
watching for a close above this level can confirm trend reversal.
3- Resistance zone:
this zone 3,380-3,390 was previously respected , and may act as minor resistance.
if broken, the next leg up to target area 3,405 become more probable.
Entry : around current price near 3,350
Stop loss : Below support at 3,330
Target : near 3,400
Technical analysis:
1-Support zone holding :
Price has bounced multiple times from the support area(3,330 - 3,350).
Strong bullish rejection wicks seen near the support, suggesting buyers interest.
2- Supertrend Signal :
current supertrend is bearish (red), but a break above 3,385 would flip it bullish.
watching for a close above this level can confirm trend reversal.
3- Resistance zone:
this zone 3,380-3,390 was previously respected , and may act as minor resistance.
if broken, the next leg up to target area 3,405 become more probable.
Trade closed: stop reached
Sorry guys Sl hit ready for next target.
Best Analysis xauusd single
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VIP PREMIMUM ANALYSIS ROOM SIGNALS
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VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
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.
Best Analysis xauusd single
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
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.