Key support
66,800 – 66,600 → channel mid / previous structure
Stronger support near the lower channel line
Key resistance / target
Upper target zone shown on your chart:
➡️ 71,300 – 71,350
Stop area (from your drawing)
➡️ Around 65,950 – 66,050
📈 Trade idea based on your setup
Bias: Buy the dip while price stays inside the channel.
Buy zone
66,800 – 67,000
Target
71,300 area
Invalidation / Stop
Below 65,950
⚠️ Important observation
The last candles show:
rejection from the upper channel
short-term momentum slowing
So, a small pullback toward the middle of the channel is normal and healthy before continuation.
✅ Summary (simple)
Structure: Bullish channel
Plan: Buy pullback
Target: ~71.3k
Stop: ~65.95k
Bias stays bullish as long as price holds inside the channel
66,800 – 66,600 → channel mid / previous structure
Stronger support near the lower channel line
Key resistance / target
Upper target zone shown on your chart:
➡️ 71,300 – 71,350
Stop area (from your drawing)
➡️ Around 65,950 – 66,050
📈 Trade idea based on your setup
Bias: Buy the dip while price stays inside the channel.
Buy zone
66,800 – 67,000
Target
71,300 area
Invalidation / Stop
Below 65,950
⚠️ Important observation
The last candles show:
rejection from the upper channel
short-term momentum slowing
So, a small pullback toward the middle of the channel is normal and healthy before continuation.
✅ Summary (simple)
Structure: Bullish channel
Plan: Buy pullback
Target: ~71.3k
Stop: ~65.95k
Bias stays bullish as long as price holds inside the channel
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.