Price has experienced a clean, directional drop with consistent Sell signals and EMA slope confirmation.
Current Buy signal has appeared near potential support, offering a short-term reversal watch.
EMAs still show downward pressure, so caution is warranted until breakout confirmation occurs.
🔍 Educational Setup Observation:
Observed Entry Zone: Near 6,408.00
Stop Level: Below 6,399.25 (below structural low)
Potential Target Area: 6,442.75 — prior imbalance and reaction zone
🧠 SignalPro Highlights:
This is the first Buy signal after a strong sell sequence — often used as a potential momentum shift marker.
Short-term reversal setups like this often require clear candle confirmation above moving averages to validate direction.
⚠️ This chart and setup is for educational purposes only. It is not financial advice. Always conduct your own due diligence and apply proper risk management.
Current Buy signal has appeared near potential support, offering a short-term reversal watch.
EMAs still show downward pressure, so caution is warranted until breakout confirmation occurs.
🔍 Educational Setup Observation:
Observed Entry Zone: Near 6,408.00
Stop Level: Below 6,399.25 (below structural low)
Potential Target Area: 6,442.75 — prior imbalance and reaction zone
🧠 SignalPro Highlights:
This is the first Buy signal after a strong sell sequence — often used as a potential momentum shift marker.
Short-term reversal setups like this often require clear candle confirmation above moving averages to validate direction.
⚠️ This chart and setup is for educational purposes only. It is not financial advice. Always conduct your own due diligence and apply proper risk management.
Trade closed: target 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.