Price initially formed a clear range, followed by a strong move that created a double bottom, signaling a shift from bearish to bullish momentum. This was confirmed with a strong bullish breakout (BOS), pushing price higher within an ascending channel.
After the impulsive move, price entered a premium zone and tapped into the FVG area, where sellers stepped in. Currently, price is pulling back from this imbalance zone, showing a healthy retracement within the overall bullish structure. The Ichimoku cloud below is acting as dynamic support, aligning with the channel structure.
**Target:**
1.1520 support zone (channel support + cloud confluence)
After the impulsive move, price entered a premium zone and tapped into the FVG area, where sellers stepped in. Currently, price is pulling back from this imbalance zone, showing a healthy retracement within the overall bullish structure. The Ichimoku cloud below is acting as dynamic support, aligning with the channel structure.
**Target:**
1.1520 support zone (channel support + cloud confluence)
Trade active
Trade active Trade closed: target reached
My given target has been successfully achieved 
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telegram channel link
t.me/+7y0Bw7_dVc42OTJk
join to get daily basis 2-3 free signal for educational purpose
t.me/+7y0Bw7_dVc42OTJk
get information about Gold, BTC and forex market
t.me/+7y0Bw7_dVc42OTJk
t.me/+7y0Bw7_dVc42OTJk
join to get daily basis 2-3 free signal for educational purpose
t.me/+7y0Bw7_dVc42OTJk
get information about Gold, BTC and forex market
t.me/+7y0Bw7_dVc42OTJk
Related publications
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.