After monitoring this bullish structure for hours, the breakout has finally confirmed on the 15-minute chart. I entered on the clean push above 3313.70 — a level I had marked out as a key resistance zone.
The price respected the ascending trendline beautifully, offering solid structure for entries on dips. What gave me even more confidence was the sustained higher lows forming ahead of the breakout — classic bullish pressure building up.
Now that we're pushing toward 3319.04 and eyeing the next resistance around 3324.44, I’m letting this one run with my stop safely tucked just below the breakout level. As long as we stay above 3313.70, I’m holding long. If price tests that level again and holds, I may even look to scale in.
Target-wise, I'm watching 3324.44 as the next area of interest, but I’ll trail the stop and let the market decide how far this momentum can stretch.
Patience paid off here. Classic trendline + resistance break combo — high conviction trade. Let’s ride it. 🟢
The price respected the ascending trendline beautifully, offering solid structure for entries on dips. What gave me even more confidence was the sustained higher lows forming ahead of the breakout — classic bullish pressure building up.
Now that we're pushing toward 3319.04 and eyeing the next resistance around 3324.44, I’m letting this one run with my stop safely tucked just below the breakout level. As long as we stay above 3313.70, I’m holding long. If price tests that level again and holds, I may even look to scale in.
Target-wise, I'm watching 3324.44 as the next area of interest, but I’ll trail the stop and let the market decide how far this momentum can stretch.
Patience paid off here. Classic trendline + resistance break combo — high conviction trade. Let’s ride it. 🟢
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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.