Hello, traders
I’m keeping an eye on the area between 3355 and 3392, where we have both the 0.618–0.786 Fibonacci retracement and a descending trendline acting as resistance. That area has a high chance of attracting price.
Why I’m watching for a move up:
1. Clean liquidity grab and quick bounce
2. MACD showing early momentum shift
3. Key Fib levels + previous resistance overlap
4. Price still within a large range—this looks like a mid-range rebound
Invalidation: If price drops and closes below the recent low, I’ll step aside.
Potential target: 3350–3390
Stop: Below the most recent swing low
Let’s see how price reacts when/if it gets there.
I’m keeping an eye on the area between 3355 and 3392, where we have both the 0.618–0.786 Fibonacci retracement and a descending trendline acting as resistance. That area has a high chance of attracting price.
Why I’m watching for a move up:
1. Clean liquidity grab and quick bounce
2. MACD showing early momentum shift
3. Key Fib levels + previous resistance overlap
4. Price still within a large range—this looks like a mid-range rebound
Invalidation: If price drops and closes below the recent low, I’ll step aside.
Potential target: 3350–3390
Stop: Below the most recent swing low
Let’s see how price reacts when/if it gets there.
100% accurate trading signals
Free trading strategies
t.me/+ZQt_0qXPsu9mOWRk
Free trading strategies
t.me/+ZQt_0qXPsu9mOWRk
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.
100% accurate trading signals
Free trading strategies
t.me/+ZQt_0qXPsu9mOWRk
Free trading strategies
t.me/+ZQt_0qXPsu9mOWRk
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.