✅ Bullish Case (If Price Holds Above ChoCh - $12.39)
Entry: Above $12.50 (Confirmation of 50 EMA break).
Stop-Loss: Below $12.30 (Invalidation of ChoCh).
Target 1: $13.07 (Key Resistance).
Target 2: $13.46 (Major Resistance).
❌ Bearish Case (If Price Falls Below ChoCh - $12.39)
Entry: Below $12.30 (Confirmation of failure).
Stop-Loss: Above $12.50 (Invalidation).
Target 1: $11.41 (Key Support).
Target 2: $10.92 (Major Support).
Entry: Above $12.50 (Confirmation of 50 EMA break).
Stop-Loss: Below $12.30 (Invalidation of ChoCh).
Target 1: $13.07 (Key Resistance).
Target 2: $13.46 (Major Resistance).
❌ Bearish Case (If Price Falls Below ChoCh - $12.39)
Entry: Below $12.30 (Confirmation of failure).
Stop-Loss: Above $12.50 (Invalidation).
Target 1: $11.41 (Key Support).
Target 2: $10.92 (Major Support).
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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.