Market Analysis & Buy Signal
Trend: The market is in an uptrend, trading above the middle Bollinger Band.
Resistance & Support: Key resistance levels are marked in red, while support levels are in blue.
Breakout Confirmation: The price has broken above a key resistance, confirming bullish momentum.
Buy Signal: Enter at 2,933.42, targeting 2,944.00 (TP) with a stop-loss at 2,926.33 (SL).
Risk-to-Reward Ratio: Favorable for long entry.
Recommendation:
Go long while maintaining risk management strategies. 🚀