✅ 1. Inverse Head and Shoulders Pattern:
You have a well-defined Left Shoulder → Head → Right Shoulder structure. This is a classic bullish reversal pattern indicating the end of the downtrend and suggesting that price is now more likely to move upwards.
✅ 2. Trendline Support:
The price is following and respecting an ascending trendline, confirming that bullish momentum is gaining strength. This trendline gives you a defined area of support and a low-risk entry point.
✅ 3. Break and Retest:
The price appears to have broken a key resistance level (now acting as support), making the entry more favorable for a long position.
✅ 4. Strong Momentum:
The chart confirms a shift from lower highs and lower lows to higher highs and higher lows (a trend reversal), aligning with a long position.
✅ 5. Clear Risk Management:
With the entry, stop loss, and 50% take-profit point clearly marked, you have defined risk/reward, making this a disciplined and structured trade.
You have a well-defined Left Shoulder → Head → Right Shoulder structure. This is a classic bullish reversal pattern indicating the end of the downtrend and suggesting that price is now more likely to move upwards.
✅ 2. Trendline Support:
The price is following and respecting an ascending trendline, confirming that bullish momentum is gaining strength. This trendline gives you a defined area of support and a low-risk entry point.
✅ 3. Break and Retest:
The price appears to have broken a key resistance level (now acting as support), making the entry more favorable for a long position.
✅ 4. Strong Momentum:
The chart confirms a shift from lower highs and lower lows to higher highs and higher lows (a trend reversal), aligning with a long position.
✅ 5. Clear Risk Management:
With the entry, stop loss, and 50% take-profit point clearly marked, you have defined risk/reward, making this a disciplined and structured trade.
Trade closed: stop reached
So we take the profit 50% of trading and the SL it was move on EntryLevel .! Thanks 
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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.