🔹 Timeframe: Daily
🔹 Trend Bias: Bullish
Price is moving near a key resistance zone on the daily chart
-Clear horizontal resistance tested multiple times
-Higher lows indicating accumulation
-Price holding above short & medium EMAs
🎯 What to Watch:
-Daily close above resistance for breakout confirmation
-Volume expansion on the breakout candle
Possible Targets once resistance break
target1: 440
target2: 450
Educational idea only. Not financial advice. Always manage risk.
🔹 Trend Bias: Bullish
Price is moving near a key resistance zone on the daily chart
-Clear horizontal resistance tested multiple times
-Higher lows indicating accumulation
-Price holding above short & medium EMAs
🎯 What to Watch:
-Daily close above resistance for breakout confirmation
-Volume expansion on the breakout candle
Possible Targets once resistance break
target1: 440
target2: 450
Educational idea only. Not financial advice. Always manage risk.
Trade closed manually
both targets reached
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.
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.