Summary:
Bullish momentum is clear. The strategy is to buy on pullbacks to support. Unless a clear short signal appears, avoid counter-trend short positions.
Key Levels to Watch:
3090–3100: Bullish target zone
3077: Support
3070: Support
3060: Key intraday support
Short-Term Trading Strategy:
1. For Shorts: Enter a SELL position if the price breaks below 3070. Watch 3066 for initial support; if the decline continues, monitor 3062, 3060, and 3058.
2. For Longs: Enter a BUY position if the price pulls back to 3077 and stabilizes. Watch 3080 for confirmation; if the bullish momentum continues, monitor 3085, 3088, and 3091.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
Bullish momentum is clear. The strategy is to buy on pullbacks to support. Unless a clear short signal appears, avoid counter-trend short positions.
Key Levels to Watch:
3090–3100: Bullish target zone
3077: Support
3070: Support
3060: Key intraday support
Short-Term Trading Strategy:
1. For Shorts: Enter a SELL position if the price breaks below 3070. Watch 3066 for initial support; if the decline continues, monitor 3062, 3060, and 3058.
2. For Longs: Enter a BUY position if the price pulls back to 3077 and stabilizes. Watch 3080 for confirmation; if the bullish momentum continues, monitor 3085, 3088, and 3091.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
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.