🟩 Breakout Level: $3,770
🟩 Fib-Based Targets:
→ $3,878 (0.236)
→ $3,940 (0)
→ $4,040 (0.382)
🟥 Invalidation:
Break back inside the channel + loss of $3,678
Momentum Summary:
Perfect touchpoints across the descending channel. Final wick tagged demand with massive volume, followed by impulsive breakout and retest. Short-term structure favoring bullish continuation.
🟩 Fib-Based Targets:
→ $3,878 (0.236)
→ $3,940 (0)
→ $4,040 (0.382)
🟥 Invalidation:
Break back inside the channel + loss of $3,678
Momentum Summary:
Perfect touchpoints across the descending channel. Final wick tagged demand with massive volume, followed by impulsive breakout and retest. Short-term structure favoring bullish continuation.
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.