The price has risen and entered a consolidation zone. The level of 149.015 serves as a rotational axis, providing support for further upward movement. However, before continuing its uptrend, the price is expected to undergo a correction. Following this correction, the price is anticipated to rise toward the 152.492 level.
Nonetheless, if the price reverses and moves below the rotational axis at 149.015, the bullish scenario will be invalidated, shifting the market outlook to a bearish trend.
Bullish target: 151.492, 153.299, 155.244.
Bearish target: 149.015, 147.342, 146.404.
Nonetheless, if the price reverses and moves below the rotational axis at 149.015, the bullish scenario will be invalidated, shifting the market outlook to a bearish trend.
Bullish target: 151.492, 153.299, 155.244.
Bearish target: 149.015, 147.342, 146.404.
Trade active
The price retraced to test the pivot point and is expected to reverse from that level toward 151.492.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.