May be cansolidation market is bullish in up trend at 3,350 .
Entry & Risk Management
Entry Zone: Around $3,291
Stop Loss: Below $3,275 just under the support area to limit downside risk.
Target 1: Around $3,325 (near recent minor resistance & Supertrend level)
Final Target: Around $3,353, which is a stronger resistance area
🟢 Bullish Reversal Setup
The chart shows a potential long (buy) setup based on the following:
1. Support Area Identified
The price has bounced twice from the support zone near $3,280 – $3,295, showing buyers are defending this level. This double-touch (or double-bottom) often signals reversal potential.
2. Harmonic Pattern or Zigzag Correction
The movement from the resistance zone down to support forms a zigzag, resembling a W-pattern or bullish harmonic. The last marked "Entry" point at the support zone suggests a possible long trade.
🔴 Key Risk
If price breaks below the $3,280 support zone, the bullish setup is invalidated and a continuation of the downtrend is likely.
Watch for a clear bounce with bullish candles or a break above $3,310–$3,320 for confirmation.
Entry & Risk Management
Entry Zone: Around $3,291
Stop Loss: Below $3,275 just under the support area to limit downside risk.
Target 1: Around $3,325 (near recent minor resistance & Supertrend level)
Final Target: Around $3,353, which is a stronger resistance area
🟢 Bullish Reversal Setup
The chart shows a potential long (buy) setup based on the following:
1. Support Area Identified
The price has bounced twice from the support zone near $3,280 – $3,295, showing buyers are defending this level. This double-touch (or double-bottom) often signals reversal potential.
2. Harmonic Pattern or Zigzag Correction
The movement from the resistance zone down to support forms a zigzag, resembling a W-pattern or bullish harmonic. The last marked "Entry" point at the support zone suggests a possible long trade.
🔴 Key Risk
If price breaks below the $3,280 support zone, the bullish setup is invalidated and a continuation of the downtrend is likely.
Watch for a clear bounce with bullish candles or a break above $3,310–$3,320 for confirmation.
Trade closed: stop reached
sorry guys Stop Loss hit .
Best Analysis xauusd single
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VIP PREMIMUM ANALYSIS ROOM SIGNALS
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t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
Disclaimer
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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.