The price is currently in a corrective phase, showing signs of a bearish movement that could extend towards the 124.89 support level. If selling pressure intensifies, the decline might continue, reaching as low as 116.11, where stronger support is expected. A rebound from this area could trigger a bullish reversal, leading the price to regain momentum. A breakout above 131.13 would be a crucial confirmation, signaling the end of the bearish flag structure and opening the path towards 140.24 as the next target.
Tendency Keys: 131.13
Resistance Line: 140.24, 149.80
Support Line: 124.89, 116.11, 108.54
Tendency Keys: 131.13
Resistance Line: 140.24, 149.80
Support Line: 124.89, 116.11, 108.54
Trade active
As I said, the price fell and touched the support of 116.11, then from there rose again and continues to the uptrending
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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.