hello guys!
Hunt Zones:
Two liquidity "hunt" zones are marked:
Hunt 1: A resistance level where sellers initially dominated.
Hunt 2: A support area where buyers stepped in to push the price higher.
Bullish Structure:
The price has created a higher low and is showing signs of bullish momentum.
The engulfing pattern indicates a strong buyer presence.
Key Levels:
$100,887: First significant resistance level, which could act as a decision point.
$103,010: Final target zone for the current bullish trend.
Expected Movement:
A breakout above the $100,887 resistance may lead to further upside toward $103,010.
Consolidation or pullback may occur at intermediate levels before continuing higher.
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Summary:
The outlook is bullish as long as the price remains above support levels near $97,000. Watch for price action around $100,887 for confirmation of further upward momentum.
Hunt Zones:
Two liquidity "hunt" zones are marked:
Hunt 1: A resistance level where sellers initially dominated.
Hunt 2: A support area where buyers stepped in to push the price higher.
Bullish Structure:
The price has created a higher low and is showing signs of bullish momentum.
The engulfing pattern indicates a strong buyer presence.
Key Levels:
$100,887: First significant resistance level, which could act as a decision point.
$103,010: Final target zone for the current bullish trend.
Expected Movement:
A breakout above the $100,887 resistance may lead to further upside toward $103,010.
Consolidation or pullback may occur at intermediate levels before continuing higher.
----------------------------------
Summary:
The outlook is bullish as long as the price remains above support levels near $97,000. Watch for price action around $100,887 for confirmation of further upward momentum.
Trade closed: target reached
the first target area touched!
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.