We’re currently back at the short-term trend reversal zone,
which has been reactivated after price moved 3% away from it.
The zone itself spans 1.6%, so a new reaction from this level is likely.
If the bottom at $102,500 holds,
we’ve activated a valid bullish structure that could take us up to the $119,000 target zone —
which also overlaps with a weekly target region.
We’ll see what the next few days bring...
Key events to watch right now:
1️⃣ Israel & Iran – Will the conflict escalate or calm down?
2️⃣ Tomorrow’s FOMC meeting – Will QT be addressed?
Feel free to drop any questions or feedback —
I’ll read and respond to everything.
LFG 🚀
which has been reactivated after price moved 3% away from it.
The zone itself spans 1.6%, so a new reaction from this level is likely.
If the bottom at $102,500 holds,
we’ve activated a valid bullish structure that could take us up to the $119,000 target zone —
which also overlaps with a weekly target region.
We’ll see what the next few days bring...
Key events to watch right now:
1️⃣ Israel & Iran – Will the conflict escalate or calm down?
2️⃣ Tomorrow’s FOMC meeting – Will QT be addressed?
Feel free to drop any questions or feedback —
I’ll read and respond to everything.
LFG 🚀
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.