Break & Retest Zones:
Multiple "Break" labels indicate price breaking key resistance levels.
"Retest" zones confirm these levels being tested as new support before continuation.
Support/Resistance Zones:
Red zone (3,251.305 to 3,367.935): A demand or support area, possibly the stop-loss zone for a long trade.
Green zone (target at 3,729.888): Take-profit zone for the long trade.
Trade Setup:
A bullish long position is clearly marked.
Entry appears just above the retest zone (around current price ~$3,406).
Stop Loss: Just below $3,368.
Take Profit: Around $3,730.
Risk-to-reward looks favorable, with a potential upside of over $320.
Technical Outlook:
The recent breaks of structure and successful retests suggest a bullish continuation pattern.
If the price holds above the current retest zone, it has a good probability of hitting the target.
Multiple "Break" labels indicate price breaking key resistance levels.
"Retest" zones confirm these levels being tested as new support before continuation.
Support/Resistance Zones:
Red zone (3,251.305 to 3,367.935): A demand or support area, possibly the stop-loss zone for a long trade.
Green zone (target at 3,729.888): Take-profit zone for the long trade.
Trade Setup:
A bullish long position is clearly marked.
Entry appears just above the retest zone (around current price ~$3,406).
Stop Loss: Just below $3,368.
Take Profit: Around $3,730.
Risk-to-reward looks favorable, with a potential upside of over $320.
Technical Outlook:
The recent breaks of structure and successful retests suggest a bullish continuation pattern.
If the price holds above the current retest zone, it has a good probability of hitting the target.
Trade closed: target reached
200 pips we got 
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.
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.