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Price respecting ascending trendline support.
Forming a bullish wedge pattern — possible breakout setup.
Entry zone: around 90.0–90.3 (near wedge support).
Breakout confirmation: above 92.0–93.6 zone.
Target: 97.42
Stop-loss: below 87.56
Risk-Reward Ratio: around 1:2
Bias: Bullish while above the trendline — watch for breakout candle.
Price respecting ascending trendline support.
Forming a bullish wedge pattern — possible breakout setup.
Entry zone: around 90.0–90.3 (near wedge support).
Breakout confirmation: above 92.0–93.6 zone.
Target: 97.42
Stop-loss: below 87.56
Risk-Reward Ratio: around 1:2
Bias: Bullish while above the trendline — watch for breakout candle.
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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.