Price was in a strong downtrend since late 2024 (you can see the consistent lower highs and lower lows).
Recently, the price found strong support around 141.500–142.000
price could rally toward 150.000
Trade Idea
Entry: around 143.000–143.200 area.
Stop Loss: Place stop-loss below the recent swing low around 141.800.
Take Profit:
First target (TP1): around 146.500 (minor resistance).
Final target (TP2): around 150.000 (major resistance zone you marked)
Recently, the price found strong support around 141.500–142.000
price could rally toward 150.000
Trade Idea
Entry: around 143.000–143.200 area.
Stop Loss: Place stop-loss below the recent swing low around 141.800.
Take Profit:
First target (TP1): around 146.500 (minor resistance).
Final target (TP2): around 150.000 (major resistance zone you marked)
Trade active
Running 200+ pips Trade closed manually
First target hit 500+PIPsDisclaimer
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.