The price has recently broken above the last high resistance zone, indicating bullish momentum. However, for this upward trend to remain valid, the price needs to stabilize above this zone. If it fails to do so and faces rejection, a downward move is expected.
The current structure suggests that the price might struggle around the 22,805 - 22,920 range, where selling pressure could emerge. If a rejection occurs, the price is likely to fall toward 22,520, a level that aligns with previous support and resistance interactions. If bearish momentum strengthens, the next critical level to watch is 22,320, a historically significant support area.
Tendency Keys: 22,520
Resistance Line: 22,805, 22,920, 23200
Support Line: 22,520, 1.0350, 1.0261
The current structure suggests that the price might struggle around the 22,805 - 22,920 range, where selling pressure could emerge. If a rejection occurs, the price is likely to fall toward 22,520, a level that aligns with previous support and resistance interactions. If bearish momentum strengthens, the next critical level to watch is 22,320, a historically significant support area.
Tendency Keys: 22,520
Resistance Line: 22,805, 22,920, 23200
Support Line: 22,520, 1.0350, 1.0261
Trade active
As I previously mentioned, the price has declined from the last resistance zone and is currently moving toward the support level.Trade closed: target reached
FULL TARGET
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.