EMA (30) - Red Line (160.596): Short-term trend.
EMA (200) - Blue Line (161.267): Long-term trend, currently above the 30 EMA indicating a bearish macro trend.
2. Entry Zone:
Marked in purple between 159.751 and 160.161, suggesting a buy (long) opportunity if price retests this demand/support zone.
3. Stop Loss:
Set just below the entry zone at 158.907, protecting against deeper bearish momentum.
4. Target Zone:
163.025 is the profit target, with a purple rectangle showing a resistance/supply zone around that level.
5. Price Action:
The price is currently consolidating near the ent
EMA (200) - Blue Line (161.267): Long-term trend, currently above the 30 EMA indicating a bearish macro trend.
2. Entry Zone:
Marked in purple between 159.751 and 160.161, suggesting a buy (long) opportunity if price retests this demand/support zone.
3. Stop Loss:
Set just below the entry zone at 158.907, protecting against deeper bearish momentum.
4. Target Zone:
163.025 is the profit target, with a purple rectangle showing a resistance/supply zone around that level.
5. Price Action:
The price is currently consolidating near the ent
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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.