. Entry Point
104,855 USD is marked as the entry point (likely for a short position).
The current price is around 103,775 USD, slightly below the entry level.
2. Resistance Zone
Highlighted just below the entry point (~103,000–104,855 USD).
Price is currently testing this zone, possibly indicating a failed breakout or pullback setup.
3. Stop Loss
Placed around 104,807 USD, just above the resistance area, in a shaded purple zone.
Suggests the trade strategy is based on shorting near resistance with a tight stop.
4. Target
EA Target Point is marked at 93,159 USD.
Implies a projected downward move of about −11,264 USD (−10.76%) from entry.
5. Indicators & Tools Used
Moving Averages: 200-period (blue) and a shorter MA (red), showing bullish momentum.
Support/Resistance Zones: Multiple purple rectangles denote demand/supply areas.
Trend Lines: Used to capture recent bullish momentum; a break of the lower line may confirm a trend reversal.
6. Pattern Recognition
Series of lower highs forming after a strong uptrend could suggest bearish divergence or distribution phase.
The price appears to be stalling at the resistance area, aligning with a potential short setup.
🧾 Trade Setup Analysis:
Bias: Bearish (short position).
Entry: 104,855
Stop Loss: 104,807 (tight SL above resistance zone)
Take Profit: 93,159
Risk-Reward Ratio (RRR): Roughly 1:10, which is aggressive and would require high conviction or confirmation
104,855 USD is marked as the entry point (likely for a short position).
The current price is around 103,775 USD, slightly below the entry level.
2. Resistance Zone
Highlighted just below the entry point (~103,000–104,855 USD).
Price is currently testing this zone, possibly indicating a failed breakout or pullback setup.
3. Stop Loss
Placed around 104,807 USD, just above the resistance area, in a shaded purple zone.
Suggests the trade strategy is based on shorting near resistance with a tight stop.
4. Target
EA Target Point is marked at 93,159 USD.
Implies a projected downward move of about −11,264 USD (−10.76%) from entry.
5. Indicators & Tools Used
Moving Averages: 200-period (blue) and a shorter MA (red), showing bullish momentum.
Support/Resistance Zones: Multiple purple rectangles denote demand/supply areas.
Trend Lines: Used to capture recent bullish momentum; a break of the lower line may confirm a trend reversal.
6. Pattern Recognition
Series of lower highs forming after a strong uptrend could suggest bearish divergence or distribution phase.
The price appears to be stalling at the resistance area, aligning with a potential short setup.
🧾 Trade Setup Analysis:
Bias: Bearish (short position).
Entry: 104,855
Stop Loss: 104,807 (tight SL above resistance zone)
Take Profit: 93,159
Risk-Reward Ratio (RRR): Roughly 1:10, which is aggressive and would require high conviction or confirmation
Trade active
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.