Under the current conditions, reaching 2840 requires a strong candlestick breakout above the 2830 resistance.
Probability of reaching 2840 today:
Given the resistance at 2830 and the approach of high-volatility sessions (such as New York), the probability of reaching 2840 remains **70%**, provided a valid breakout occurs.
Recommendation:
**Key Levels:**
- A breakout above **2830** with strong bullish candles signals continuation toward **2840**.
- In case of a pullback, watch the **2816-2820** support zone for potential rebounds.
**Trade Management:**
- If in profit, use a **trailing stop** around **2820** to protect gains.
- A breakout of **2830** may provide an opportunity to **add buy positions**.
- If market conditions change or new price action signals emerge, the analysis can be updated accordingly.
Probability of reaching 2840 today:
Given the resistance at 2830 and the approach of high-volatility sessions (such as New York), the probability of reaching 2840 remains **70%**, provided a valid breakout occurs.
Recommendation:
**Key Levels:**
- A breakout above **2830** with strong bullish candles signals continuation toward **2840**.
- In case of a pullback, watch the **2816-2820** support zone for potential rebounds.
**Trade Management:**
- If in profit, use a **trailing stop** around **2820** to protect gains.
- A breakout of **2830** may provide an opportunity to **add buy positions**.
- If market conditions change or new price action signals emerge, the analysis can be updated accordingly.
Trade active
If you entered at 2815, it's better to take your profits (or go risk-free) now.
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.
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.