Hello guys!
1. Bearish Breakdown (Primary Setup):
If price breaks below the rising wedge support and sweeps the recent low, it confirms the breakdown.
This would be a strong signal to enter short positions, with a downside target around the 99,000–98,500 zone.
Breakdown confirmation: Close below both wedge support and the horizontal support from the previous swing low.
2. Bullish Bounce (Alternative Setup):
If price respects the wedge support and shows bullish momentum (e.g., strong wick rejections or bullish engulfing candle), the wedge may invalidate.
In this case, look for long opportunities targeting the upper wedge boundary and possibly higher resistance zones beyond 104,000.
📌 Strategy Summary:
🔻 Breakdown = SHORT to target area (below 100K)
🔺 Support holds = LONG toward 104K+
Risk management is crucial here, as the pattern is at a tipping point. Wait for a clear breakout or bounce before entering a position.
1. Bearish Breakdown (Primary Setup):
If price breaks below the rising wedge support and sweeps the recent low, it confirms the breakdown.
This would be a strong signal to enter short positions, with a downside target around the 99,000–98,500 zone.
Breakdown confirmation: Close below both wedge support and the horizontal support from the previous swing low.
2. Bullish Bounce (Alternative Setup):
If price respects the wedge support and shows bullish momentum (e.g., strong wick rejections or bullish engulfing candle), the wedge may invalidate.
In this case, look for long opportunities targeting the upper wedge boundary and possibly higher resistance zones beyond 104,000.
📌 Strategy Summary:
🔻 Breakdown = SHORT to target area (below 100K)
🔺 Support holds = LONG toward 104K+
Risk management is crucial here, as the pattern is at a tipping point. Wait for a clear breakout or bounce before entering a position.
交易進行
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。