Bullish Setup: If ETH breaks and sustains above the trendline and clears the top resistance, it will confirm a BOS (Break of Structure), opening the path toward higher resistance levels. This would validate a bullish continuation scenario.
Bearish Setup: On the other hand, if price rejects the trendline and breaks below the support zone, the market will confirm a CHOCH (Change of Character) and shift momentum to bearish. This could trigger a deeper move to the downside, validating the bearish scenario.
Notice how Fake Breakouts have occurred in this region before, so confirmation and sustained structure are key before entering trades.
This setup gives us both sides of the market — patience and discipline are crucial.
Bearish Setup: On the other hand, if price rejects the trendline and breaks below the support zone, the market will confirm a CHOCH (Change of Character) and shift momentum to bearish. This could trigger a deeper move to the downside, validating the bearish scenario.
Notice how Fake Breakouts have occurred in this region before, so confirmation and sustained structure are key before entering trades.
This setup gives us both sides of the market — patience and discipline are crucial.
Note
be with us for best info of the market.Trade active
see, the market is exactly creating a range at our given support, Be careful with the trade. Risk management is the key.Trade closed manually
Wait for next signals as the market is in a range.Forex | Gold | Crypto | Indices
Signals Across All Major Symbols
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Signals Across All Major Symbols
Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
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.
Forex | Gold | Crypto | Indices
Signals Across All Major Symbols
Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
Signals Across All Major Symbols
Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
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.