Context: Market broke out and accepted above the recent dealing range. Structure confirms bullish bias as long as demand holds.
Key Levels:
Fair Value: 50% retracement of range
Discount Zone: 24,675 – 24,600
Demand Cluster: aligned with 75% discount line and LVN
Plan: Expecting retracement into discount/demand area for positioning long.
Execution:
Entry: 24,675–24,600 (demand/discount)
Stop: below 24,600 (invalidates demand)
Target: continuation toward premium levels (above recent breakout highs)
Bias: Bullish continuation unless demand fails.
Key Levels:
Fair Value: 50% retracement of range
Discount Zone: 24,675 – 24,600
Demand Cluster: aligned with 75% discount line and LVN
Plan: Expecting retracement into discount/demand area for positioning long.
Execution:
Entry: 24,675–24,600 (demand/discount)
Stop: below 24,600 (invalidates demand)
Target: continuation toward premium levels (above recent breakout highs)
Bias: Bullish continuation unless demand fails.
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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.