2281: Watchout for Support
Updated
Price is moving within Ascending Parallel Channel after breakout
Last corrective movement is after double top formation
Price is at POC (Volume Profile) which is another support level
if it breaks, price may fall to channel bottom
Watchout for entry after confirmation
Last corrective movement is after double top formation
Price is at POC (Volume Profile) which is another support level
if it breaks, price may fall to channel bottom
Watchout for entry after confirmation
Trade active
Price is at a significant Volume Node showing the interest of buyers and sellers. Golden Pocket formation is adding weight on bullish reversal from support level.
(Aggressive) Entry until Channel top or nearby resistance (until 140). Watchout for triple top formation.
(Conservative) Entry after 140 and retest.
Related publications
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.