✅ The current structure indicates the end of the correction and the beginning of a new bullish wave.
✅ The breakout of the descending channel and the defense of the green zone show buyers’ strength.
⚠️ However, a confirmed breakout above **47,050** is required for full confirmation.
🎯 Bullish targets: **47,600 → 48,000**
🛑 Invalidation level: a candle close below **46,700**
✅ The breakout of the descending channel and the defense of the green zone show buyers’ strength.
⚠️ However, a confirmed breakout above **47,050** is required for full confirmation.
🎯 Bullish targets: **47,600 → 48,000**
🛑 Invalidation level: a candle close below **46,700**
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.