The market has formed a rising channel after a significant bullish reversal marked by a Change of Character (CHoCH) and a Break of Structure (BOS). Price is currently consolidating near the midline of the ascending channel.
🔍 Key Insight:
We're in a wait-and-watch zone — a breakout from this channel in either direction could set the tone for the next move.
Trading Plan:
Upside Breakout: Watch for a breakout above the upper boundary of the channel with strong bullish momentum. Target the projected move equal to the height of the channel.
Downside Breakout: If price breaks below the lower channel support, expect a potential bearish move toward the lower target zone marked on the chart.
Important: Wait for a clear breakout and confirmation before entering a trade. Avoid entering inside the channel to minimize risk from false moves.
🔍 Key Insight:
We're in a wait-and-watch zone — a breakout from this channel in either direction could set the tone for the next move.
Trading Plan:
Upside Breakout: Watch for a breakout above the upper boundary of the channel with strong bullish momentum. Target the projected move equal to the height of the channel.
Downside Breakout: If price breaks below the lower channel support, expect a potential bearish move toward the lower target zone marked on the chart.
Important: Wait for a clear breakout and confirmation before entering a trade. Avoid entering inside the channel to minimize risk from false moves.
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.
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.