Current Price: $258.01
Trend: Uptrend channel (bullish)
The chart shows a rising parallel channel, and the price is currently trading near the upper region of the channel — suggesting possible short-term correction before resuming the uptrend.
🧭 Key Levels
Buy Entry Point: $223.34 – $223.68
This zone is highlighted as a strong demand/support area. Price may retrace to this zone before resuming upward.
Stop Loss: $211.44
Below this level, bullish structure would be invalidated.
Target Point: $280.74 – $280.80
This is the projected take-profit zone, aligning with the top of the channel extension.
🔍 Projection
Expected move:
Price might break below the current trend channel, retest the support zone around $223, and then bounce upward toward the $280 target.
This setup represents a buy-the-dip strategy inside a long-term uptrend.
⚠️ Risk Management
Risk-to-Reward Ratio ≈ 1:4, favorable setup.
Entry should only be considered if price confirms reversal signals (e.g., bullish candlestick patterns) near $223 support.
Trend: Uptrend channel (bullish)
The chart shows a rising parallel channel, and the price is currently trading near the upper region of the channel — suggesting possible short-term correction before resuming the uptrend.
🧭 Key Levels
Buy Entry Point: $223.34 – $223.68
This zone is highlighted as a strong demand/support area. Price may retrace to this zone before resuming upward.
Stop Loss: $211.44
Below this level, bullish structure would be invalidated.
Target Point: $280.74 – $280.80
This is the projected take-profit zone, aligning with the top of the channel extension.
🔍 Projection
Expected move:
Price might break below the current trend channel, retest the support zone around $223, and then bounce upward toward the $280 target.
This setup represents a buy-the-dip strategy inside a long-term uptrend.
⚠️ Risk Management
Risk-to-Reward Ratio ≈ 1:4, favorable setup.
Entry should only be considered if price confirms reversal signals (e.g., bullish candlestick patterns) near $223 support.
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t.me/goldmitalteam
t.me/goldmitalteam
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
join my telegram channel t.me/goldmitalteam
t.me/goldmitalteam
t.me/goldmitalteam
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
