here's a technical analysis breakdown and target projection:
📉 Current Trend:
Bearish trend is clearly established, confirmed by:
Price below the Ichimoku cloud
Downward sloping trendline
Bearish momentum candles
Recent breakdown from support near 1.3700
📌 Key Levels Observed:
Immediate Support Zone: ~1.3500 (price is approaching this level)
Next Strong Support: ~1.3400 (horizontal level from earlier consolidation and demand zone)
Current Price: ~1.3580
🎯 Target Levels:
1. Short-Term Bearish Target: 1.3500
2. Mid-Term Bearish Target: 1.3400
3. Extended Bearish Target (if breakdown continues): 1.3300
⚠ Watch For:
Reversal signals (e.g., bullish engulfing or divergence)
Support reaction near 1.3500 zone
Would you like me to mark these levels and send back a clearer chart image for reference?
📉 Current Trend:
Bearish trend is clearly established, confirmed by:
Price below the Ichimoku cloud
Downward sloping trendline
Bearish momentum candles
Recent breakdown from support near 1.3700
📌 Key Levels Observed:
Immediate Support Zone: ~1.3500 (price is approaching this level)
Next Strong Support: ~1.3400 (horizontal level from earlier consolidation and demand zone)
Current Price: ~1.3580
🎯 Target Levels:
1. Short-Term Bearish Target: 1.3500
2. Mid-Term Bearish Target: 1.3400
3. Extended Bearish Target (if breakdown continues): 1.3300
⚠ Watch For:
Reversal signals (e.g., bullish engulfing or divergence)
Support reaction near 1.3500 zone
Would you like me to mark these levels and send back a clearer chart image for reference?
📲 Join telegram channel free ..
t.me/+yJ2-qfkocRg1NDlk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/+yJ2-qfkocRg1NDlk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.
📲 Join telegram channel free ..
t.me/+yJ2-qfkocRg1NDlk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/+yJ2-qfkocRg1NDlk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.