Published: 23/04/2025 10:09
Expires: 24/04/2025 06:00
Trade Summary
Risk/Reward Ratio: 1:2
Duration: Intraday
📊 Technical View
🔍 Key Technical Levels
Resistance: 91.00 / 92.00 / 92.50
Support: 90.50 / 90.25 / 89.50
📅 Next Volatile Events
No major economic events in the next 24 hours.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Expires: 24/04/2025 06:00
Trade Summary
- Type: Buy Limit
- Entry: 90.25
- Target: 92.25
- Stop Loss: 89.25
Risk/Reward Ratio: 1:2
Duration: Intraday
📊 Technical View
- Recent price action shows sideways congestion, indicating indecision.
- RSI has turned positive, hinting at emerging bullish momentum.
- A break above 91.00 would confirm a bullish breakout.
- The measured move target sits at 92.50, aligning closely with our trade target.
- A Buy Limit at 90.25 offers improved risk/reward versus chasing the market at current levels.
🔍 Key Technical Levels
Resistance: 91.00 / 92.00 / 92.50
Support: 90.50 / 90.25 / 89.50
📅 Next Volatile Events
No major economic events in the next 24 hours.
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.