hello guys...
Breakout Confirmation:
The recent breakout from a long-term consolidation is supported by strong price action and a surge in trading volume.
Key Levels:
The previous resistance level around 11.5 may now act as a support level.
The breakout through a key psychological level further strengthens the bullish sentiment.
Price Targets:
Short-Term Target (19.5): Initial target based on engulfing.
Medium-Term Target (27): Ambitious target considering.
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Breakout Confirmation:
The recent breakout from a long-term consolidation is supported by strong price action and a surge in trading volume.
Key Levels:
The previous resistance level around 11.5 may now act as a support level.
The breakout through a key psychological level further strengthens the bullish sentiment.
Price Targets:
Short-Term Target (19.5): Initial target based on engulfing.
Medium-Term Target (27): Ambitious target considering.
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
short term update:Trade closed: target reached
short term target touched:
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.