TradingbyTanveer

TradingbyTanveer

Structure Summary: CHoCH (Change of Character) confirmed after price broke the previous lower high, signaling a potential trend reversal. Price has since formed a bullish falling wedge (blue trendlines), a classic continuation pattern after CHoCH. Volume spikes during reversal attempts suggest accumulation. Trade Setup: Entry: Breakout above wedge...

TradingbyTanveer

🔍 Technical Summary: Market Structure Shift (MSS) detected after liquidity (LQ) grab. Price formed a bullish break of structure confirming a possible trend reversal. Entry taken near support (after LQ), targeting a supply zone above. 📊 Key Chart Elements: LQ (Liquidity Grab): Price swept previous lows, triggering stop-losses before reversing. MSS (Market...

TradingbyTanveer

Price may push higher towards the $194 resistance zone. From there, a sharp rejection is expected, targeting the $171 support area. If the market fails to hold $171, the next potential downside target lies around $140. Key Levels: Resistance: $194 Support: $171, then $140 Structure: Rising channel breakdown in play 📉 Bearish scenario activated if $171 fails to hold.