📊 Trade Overview:
Entry Price: 3,348.98
Stop Loss: 3,329.48 (-0.57%, -18.92 pts)
Take Profit Target: 3,400.63 (+1.54%, +51.65 pts)
Risk-to-Reward Ratio: 2.78
Volume Profile shows a strong support base at the entry zone
🟩 Bullish View Justification:
Support Zone: Price is rebounding from a high-volume node on the volume profile (yellow zone).
MACD Histogram: Green build-up = Bullish momentum increasing.
Candlestick Formation: Possibly forming higher lows (accumulation pattern).
Risk/Reward: High R:R ratio >2.5 suitable for swing setup.
Entry Price: 3,348.98
Stop Loss: 3,329.48 (-0.57%, -18.92 pts)
Take Profit Target: 3,400.63 (+1.54%, +51.65 pts)
Risk-to-Reward Ratio: 2.78
Volume Profile shows a strong support base at the entry zone
🟩 Bullish View Justification:
Support Zone: Price is rebounding from a high-volume node on the volume profile (yellow zone).
MACD Histogram: Green build-up = Bullish momentum increasing.
Candlestick Formation: Possibly forming higher lows (accumulation pattern).
Risk/Reward: High R:R ratio >2.5 suitable for swing setup.
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.