Price has broken out of the falling wedge pattern and is now approaching a key retest zone around 46,600–46,650 & 46 400. I’m watching for a bullish confirmation on the retest to enter long, targeting the next resistance zones.
✅ Entry: On confirmed retest of the breakout zone
🎯 First Target: 47,450
🎯 Final Target: 48,227
🛑 Stop Loss: Below the support area around 46,450
The recent break of structure combined with bullish momentum and neckline breakout signals potential continuation to the upside this week.
📅 Looking for bullish continuation into higher resistance levels if price holds above the breakout zone.
✅ Entry: On confirmed retest of the breakout zone
🎯 First Target: 47,450
🎯 Final Target: 48,227
🛑 Stop Loss: Below the support area around 46,450
The recent break of structure combined with bullish momentum and neckline breakout signals potential continuation to the upside this week.
📅 Looking for bullish continuation into higher resistance levels if price holds above the breakout zone.
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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.