Breakout Confirmation: Bullish Reversal Potential
🚀 Entry:
Enter at 0.003435 on a confirmed retest of the breakout level, where price has decisively moved above the channel’s upper boundary.
🎯 Target:
Aim for a resistance zone around 0.003540 as the next profit-taking area.
🛑 Stop Loss:
Place your stop loss at 0.003380—just below the recent swing lows—to protect against false breakouts.
A sustained RSI above 50 and rising volume on upward moves will further confirm this bullish setup.
🚀 Entry:
Enter at 0.003435 on a confirmed retest of the breakout level, where price has decisively moved above the channel’s upper boundary.
🎯 Target:
Aim for a resistance zone around 0.003540 as the next profit-taking area.
🛑 Stop Loss:
Place your stop loss at 0.003380—just below the recent swing lows—to protect against false breakouts.
A sustained RSI above 50 and rising volume on upward moves will further confirm this bullish setup.
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.