Trade Idea
Duration: Intraday
Expires: 25/07/2025 06:00
Technical Overview
Upcoming Events to Watch
24/07/2025 at 14:45 – S&P Global Manufacturing & Services PMIs (US) could add volatility and act as a catalyst for a reversal from support.
Key Technical Levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 3360.00
- Target: 3400.00
- Stop Loss: 3350.00
Duration: Intraday
Expires: 25/07/2025 06:00
Technical Overview
- The primary trend remains bullish, supported by recent price structure and sentiment.
- Price is correcting lower, and is approaching Fibonacci retracement support at 3360.00.
- A Buy Limit at 3360.00 aligns with bespoke support and offers a low-risk entry opportunity.
- The target at 3400.00 is modest but achievable within the current intraday cycle
Upcoming Events to Watch
24/07/2025 at 14:45 – S&P Global Manufacturing & Services PMIs (US) could add volatility and act as a catalyst for a reversal from support.
Key Technical Levels
- Resistance: 3400.00 / 3420.00 / 3435.00
- Support: 3360.00 / 3340.00 / 3320.00
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.