"Bulish pump candle" (Bullish Pump Candle):
A large bullish candle in mid-June indicates strong buyer interest.
This may have marked the beginning of an upward move.
2. "Turn to bulish candle" (Turn to Bullish Candle):
Recent candle near the right side indicates another bullish shift.
Suggests the possibility of continuation toward the target zone.
3. Support Formation:
Multiple rejections from the 3,280–3,300 area signal strong support.
This support has held over multiple months (April to July).
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🎯 Target Area
Marked at 3,382.443, just above the current price.
Likely a resistance zone where previous highs occurred.
If broken, price may aim for new highs above 3,400.
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📌 Conclusion / Trading Idea
Bias: Bullish
Entry Zone: Around 3,360–3,370 (if a bullish candle confirms)
Target Zone: 3,382–3,400+
Stop Loss: Below recent swing low (~3,320 or as per risk)
A large bullish candle in mid-June indicates strong buyer interest.
This may have marked the beginning of an upward move.
2. "Turn to bulish candle" (Turn to Bullish Candle):
Recent candle near the right side indicates another bullish shift.
Suggests the possibility of continuation toward the target zone.
3. Support Formation:
Multiple rejections from the 3,280–3,300 area signal strong support.
This support has held over multiple months (April to July).
---
🎯 Target Area
Marked at 3,382.443, just above the current price.
Likely a resistance zone where previous highs occurred.
If broken, price may aim for new highs above 3,400.
---
📌 Conclusion / Trading Idea
Bias: Bullish
Entry Zone: Around 3,360–3,370 (if a bullish candle confirms)
Target Zone: 3,382–3,400+
Stop Loss: Below recent swing low (~3,320 or as per risk)
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.