Entry: As marked on chart
🎯 TP1: As highlighted on chart
🎯 TP2: As highlighted on chart
🛑 SL: As defined on chart
📊 Technical Insight:
Price has completed a higher low formation, indicating the potential start of a new uptrend phase.
The market has shown an accumulation phase followed by a breakout above minor resistance, suggesting strong demand at current levels.
Volume analysis supports the breakout, with increased participation on bullish pushes and decreasing volume on retracements, confirming healthy trend dynamics.
📍 As long as price holds above the stop loss zone, we expect continuation towards TP1 and TP2 in line with the primary trend.
🎯 TP1: As highlighted on chart
🎯 TP2: As highlighted on chart
🛑 SL: As defined on chart
📊 Technical Insight:
Price has completed a higher low formation, indicating the potential start of a new uptrend phase.
The market has shown an accumulation phase followed by a breakout above minor resistance, suggesting strong demand at current levels.
Volume analysis supports the breakout, with increased participation on bullish pushes and decreasing volume on retracements, confirming healthy trend dynamics.
📍 As long as price holds above the stop loss zone, we expect continuation towards TP1 and TP2 in line with the primary trend.
Trade active
As long as the price doesnt breach support below 1.77157 , the trend is bullish
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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.