Opening Gap around 675–725 created a strong demand zone.
Last impulsive move retraced ~50%, where an FVG (Fair Value Gap) is present, supporting bullish continuation.
Support Zone formed near 810–830, acting as a base for buyers.
Resistance Zone between 950–1000 capped the previous rally.
Recent breakout indicates a Market Structure Shift with price closing above minor resistance (around 860–870).
Momentum is now bullish; next upside target is the Resistance Zone (950–1000), while 820 remains a key support to watch.
Last impulsive move retraced ~50%, where an FVG (Fair Value Gap) is present, supporting bullish continuation.
Support Zone formed near 810–830, acting as a base for buyers.
Resistance Zone between 950–1000 capped the previous rally.
Recent breakout indicates a Market Structure Shift with price closing above minor resistance (around 860–870).
Momentum is now bullish; next upside target is the Resistance Zone (950–1000), while 820 remains a key support to watch.
Trade active
see price now traders
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.