A few key observations on this weekly chart without any forecast bias:
🔹 White Solid Trendline – Marks the active CT (counter-trend) level which has now been decisively taken out.
🔹 Blue Zone – A previously tested supply and demand area has been regained and price is now sustaining above it.
🔹 White Dotted Lines – Multiple short-term weekly hindrances lie just above, acting as micro-resistances.
🔹 Orange Line – Reflects multi-timeframe level confluence and a known volume cluster region to watch ahead.
🔹 Volume has seen a healthy pickup during this breakout, suggesting participation.
📌 Not a recommendation. Just sharing chart structure and price behavior.
🔹 White Solid Trendline – Marks the active CT (counter-trend) level which has now been decisively taken out.
🔹 Blue Zone – A previously tested supply and demand area has been regained and price is now sustaining above it.
🔹 White Dotted Lines – Multiple short-term weekly hindrances lie just above, acting as micro-resistances.
🔹 Orange Line – Reflects multi-timeframe level confluence and a known volume cluster region to watch ahead.
🔹 Volume has seen a healthy pickup during this breakout, suggesting participation.
📌 Not a recommendation. Just sharing chart structure and price behavior.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Course): wa.me/919455664601
📈 Telegram (Free Charts): t.me/hashtaghammer
✅ WhatsApp (Course): wa.me/919455664601
📈 Telegram (Free Charts): t.me/hashtaghammer
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.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Course): wa.me/919455664601
📈 Telegram (Free Charts): t.me/hashtaghammer
✅ WhatsApp (Course): wa.me/919455664601
📈 Telegram (Free Charts): t.me/hashtaghammer
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.