Market broke the descending structure with strong bullish impulse followed by higher lows respecting new trendline
Price retested the previous resistance now turned support zone with a bullish reaction
Entry is taken after confirmation of the retest holding and bullish continuation signs
Entry : 142.494
SL : 140.676
TP : 148.270
RR 1 : 3.2
Price action aligned with short-term bullish reversal structure and clear demand zone defense
Let price do the work
Price retested the previous resistance now turned support zone with a bullish reaction
Entry is taken after confirmation of the retest holding and bullish continuation signs
Entry : 142.494
SL : 140.676
TP : 148.270
RR 1 : 3.2
Price action aligned with short-term bullish reversal structure and clear demand zone defense
Let price do the work
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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.
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.