Price is forming higher lows and appears to be within a rising wedge / ascending channel.
Support Zone (near 1.3300–1.3320) Strong rejections in the past, likely liquidity pool/smart money interest.
Final Target Zone (1.3650–1.3700): Clean breakout area with less structure above — a magnet for price
Trade Idea
Possible Short-Term Move: If price retraces into the support area (1.3300 zone), look for bullish confirmation to enter long.
Target 1: 1.3420–1.3450
Target 2: 1.3650–1.3700 (final supply zone)
Support Zone (near 1.3300–1.3320) Strong rejections in the past, likely liquidity pool/smart money interest.
Final Target Zone (1.3650–1.3700): Clean breakout area with less structure above — a magnet for price
Trade Idea
Possible Short-Term Move: If price retraces into the support area (1.3300 zone), look for bullish confirmation to enter long.
Target 1: 1.3420–1.3450
Target 2: 1.3650–1.3700 (final supply zone)
Trade active
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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.