Entry Point: $117,342
Stop Loss: $117,042
Target Point: $119,827
Risk/Reward Ratio: Approx. 1:8
Target Gain: +2,421 pts (+2.06%)
📊 Technical Highlights:
Descending Channel Breakout:
Price broke above the upper trendline of the channel.
A higher low was formed around $117,200 with a strong bounce.
Bullish Structure Confirmation:
Multiple rejection candles around the support zone ($117,200–117,342).
Break above the entry point signals bullish momentum.
Volume/Timing Consideration:
U.S. economic data symbols indicate upcoming potential volatility (watch out for reactions to news). Trade Bias:
Bullish, contingent on price holding above $117,342. A close below the stop loss at $117,042 would invalidate this setup.
Stop Loss: $117,042
Target Point: $119,827
Risk/Reward Ratio: Approx. 1:8
Target Gain: +2,421 pts (+2.06%)
📊 Technical Highlights:
Descending Channel Breakout:
Price broke above the upper trendline of the channel.
A higher low was formed around $117,200 with a strong bounce.
Bullish Structure Confirmation:
Multiple rejection candles around the support zone ($117,200–117,342).
Break above the entry point signals bullish momentum.
Volume/Timing Consideration:
U.S. economic data symbols indicate upcoming potential volatility (watch out for reactions to news). Trade Bias:
Bullish, contingent on price holding above $117,342. A close below the stop loss at $117,042 would invalidate this setup.
Trade active
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.