🟢 Trade Idea Summary
Entry: Around 3,365.466
Take Profit (TP): 3,426.174
Stop Loss (SL): 3,338.646
Risk/Reward Ratio: 2.29
Projected Gain: ~+60.7 points (+1.8%)
Projected Loss: ~-26.63 points (-0.79%)
Time Horizon: Estimated to hit TP in ~8 days 12 hours (by July 23)
📈 Technical Indicators on Chart
Histogram (possibly MACD or Awesome Oscillator) shows positive momentum, though it’s slightly flattening — may suggest early-stage momentum or possible consolidation.
Price is above a key support zone (~3,338) and showing higher lows, suggesting buyers are still active.
🧠 Interpretation
The setup is bullish, aiming for a continuation toward the 3,426 resistance zone.
Risk is capped tightly below 3,339, with good upside potential.
However, price is currently in a retracement phase after a strong push — the trader is likely betting on a pullback continuation to the upside.
Entry: Around 3,365.466
Take Profit (TP): 3,426.174
Stop Loss (SL): 3,338.646
Risk/Reward Ratio: 2.29
Projected Gain: ~+60.7 points (+1.8%)
Projected Loss: ~-26.63 points (-0.79%)
Time Horizon: Estimated to hit TP in ~8 days 12 hours (by July 23)
📈 Technical Indicators on Chart
Histogram (possibly MACD or Awesome Oscillator) shows positive momentum, though it’s slightly flattening — may suggest early-stage momentum or possible consolidation.
Price is above a key support zone (~3,338) and showing higher lows, suggesting buyers are still active.
🧠 Interpretation
The setup is bullish, aiming for a continuation toward the 3,426 resistance zone.
Risk is capped tightly below 3,339, with good upside potential.
However, price is currently in a retracement phase after a strong push — the trader is likely betting on a pullback continuation to the upside.
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.