XAUUSD 30M โ Intraday Plan Around the RangePrice is consolidating between $3,660.93 (resistance / buy trigger) and $3,626.93 (support / sell trigger). Current price is near $3,648, sitting mid-range. Breakout confirmation is key.
๐ผ Bullish Plan (needs confirmation)
Trigger: 30-min body close above $3,660.93.
Targets: $3,662.79 โ $3,665.17 โ $3,669.30.
Management: Take partials at the first target, move SL to breakeven once $3,661 is cleared, trail remainder if momentum continues.
๐ฝ Bearish Plan (clean if floor breaks)
Trigger: 30-min body close below $3,626.93.
Targets: $3,621.49 โ $3,619.00 โ $3,616.88.
Management: Scale partials at the first target, protect remaining position at breakeven. Trail if selling momentum builds.
๐ Range Scalp (higher risk โ small size)
Shorts: rejection near $3,659โ$3,660, target $3,648โ$3,650, SL above rejection high.
Longs: bounce near $3,627โ$3,628, target mid-range (~$3,640โ$3,645), SL under wick low.
โ
Break Confirmation
Strong 30-min body close beyond the trigger.
Expansion candles with follow-through.
โ Invalidation
Breakout closes back inside the box on the next bar.
Multiple wicks through levels without momentum.
๐ Bottom Line
Above $3,660.93 โ bullish bias toward $3,662.79 โ $3,665.17 โ $3,669.30.
Below $3,626.93 โ bearish bias toward $3,621.49 โ $3,619.00 โ $3,616.88.
Inside range = scalp only, keep risk tight.
Chartpattren
BTC/USD Analysis Market is bullish and respecting the trendlineThe chart shows a Bullish Ascending Channel. Price is making higher-highs and higher-lows, indicating continuation of the uptrend.
---
๐ฏ Targets
TP1: 114,500 โ 115,000
TP2: 117,000 โ 117,500 (major resistance zone)
---
๐ Stoploss
Near stoploss: 110,800 โ 111,000 (below trendline)
Safe stoploss: 109,500
---
๐ Support & Resistance
Support: 111,000 โ 111,200
Major Support: 109,800 โ 110,000
Resistance: 114,500 โ 115,000
Major Resistance: 117,000
---
โ
Post Caption for Clients
"๐ Bitcoin (BTC/USD) is moving inside a bullish ascending channel.
Strong support at 111,000 zone.
๐ฏ Targets: 114,500 โ 117,000
๐ Stoploss: 110,800
Market structure shows bullish continuation ahea
Ethereum (ETHUSD) Technical OutlookEthereum remains in a critical yet bullish consolidation phase, trading sideways near all-time highs. This kind of price action often precedes major breakouts, especially with macro tailwinds building โ the Fed is expected to cut rates this week, adding liquidity to the market.
๐ Technical Setup
ETH is currently attempting a breakout from a symmetrical triangle โ a bullish continuation pattern in trending markets.
โ
Uptrend confirmed by:
Higher highs
Higher lows
Strong support structure
๐ฏ Key Levels to Watch
Immediate target zone: $5,700 โ $5,800
Macro rally potential: $7,000 โ $8,000
Crucial support: $4,000 โ $4,200
As long as ETH holds above $4,000, thereโs no technical reason to be bearish.
XAU/USD technical analysis Read The captionSMC Trading point update
Technical of Gold (XAU/USD) using the 4H timeframe. Letโs break down the idea behind it:
---
Key Technical Insights:
1. H4 FVG (Fair Value Gap) Zone:
The yellow box (~3602 zone) is marked as an imbalance area (FVG) where price is likely to retrace.
Market structure suggests that price may dip into this zone to fill the imbalance before continuing upward.
2. Price Pattern (Consolidation / Pennant):
Current price action shows a triangle/pennant-like consolidation after a strong bullish move.
This usually indicates continuation, but first, liquidity grabs may occur.
3. Liquidity Grab (Liquidity $$$):
The chart notes a liquidity sweep above resistance (~3659).
This suggests that price could fake out higher first, then drop to fill the FVG zone before resuming the bullish move.
4. Target Points:
Short-term downside target: 3602.487 (H4 FVG support).
Upside target 1: 3659.154 (liquidity area).
Upside target 2: 3699.778 (main bullish target).
5. RSI (Relative Strength Index):
Currently around 57โ60, showing moderate bullish momentum but not overbought.
Supports the idea of a retracement before continuation.
---
Trade Idea Summary:
Bias: Bullish (after retracement)
Scenario:
1. Price may first grab liquidity (fake-out up) or directly retrace down.
2. Dip into the 3602 FVG zone.
3. Strong bounce expected โ rally toward 3659 and 3699 targets.
Entry Idea: Look for long entries near 3602โ3610 zone (confirmation with bullish candle patterns preferred).
Targets:
TP1: 3659
TP2: 3699
Stop-Loss: Below the FVG zone (~3580).
Mr SMC Trading point
---
Conclusion:
This is a bullish continuation setup where Gold could correct down into the H4 FVG zone before resuming its larger uptrend. The plan focuses on buying dips rather than chasing highs.
---
Please support boost ๐ this analysis
Chart Speaks- GMDCI have been sharing for a long time now about News v/s Chart analysis. I am a strong believer that any development about the company is visible on chart, be it positive or negative. This time its GMDC.
Read the News -
CENTRE PREPARING INCENTIVES TO ENCOURAGE DOMESTIC PRODUCTION OF RARE EARTH MAGNETS: KUMARASWAMY: MONEYCONTROL
Company was in the news since early this month on rare earth materials. Price action already hinting it since March, April, July & Aug 2025.
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) 1H analysis:
---
Technical Breakdown
1. Ascending Channel
Price is trending higher within a clear ascending channel, respecting both support and resistance trendlines.
The bullish structure remains intact as long as price holds above channel support.
2. Demand Zones (Yellow Boxes)
Price respected a Fair Value Gap (FVG) demand zone around $3,600 โ $3,620, leading to bullish continuation.
Another demand area around $3,640 acted as a recent support after a market structure shift (MSS).
3. Market Structure
A bullish MSS confirms upside momentum.
Higher highs and higher lows support the ongoing bullish trend.
4. RSI (14)
RSI at 59.46, leaning bullish but not yet overbought โ leaving room for continuation to the upside.
5. Target Point
Projection points towards $3,689 as the next target, aligning with channel resistance and Fibonacci extensions.
Mr SMC Trading point
---
Summary Idea
Gold is trading strongly within an ascending bullish channel, bouncing off demand zones and maintaining upward structure. As long as price holds above $3,640, the bias remains bullish with a target at $3,689.
---
please support boost ๐ this analysis
"GBPAUD Daily Outlook โ Key Support at 2.05, Bearish Breakdown I see you are analyzing the GBPAUD (British Pound / Australian Dollar) chart on the daily timeframe (1D). Letโs break it down:
---
1. Chart Pattern (Structure)
From your screenshot:
Price is consolidating inside a range/rectangle (sideways market) between roughly 2.02 โ 2.10.
Currently, price is testing the lower range support around 2.05.
If the range breaks downward, it could form a distribution pattern / rectangle breakout (bearish continuation).
---
2. Support & Resistance Levels
Immediate resistance: 2.07 โ 2.08 (mid-range & EMA resistance).
Strong resistance: 2.10 โ 2.12 (top of the range).
Immediate support: 2.04 โ 2.05 (bottom of the range).
Next support: 2.0150 (red line marked in your chart).
Major support: 2.00 psychological level, then 1.9750 โ 1.9600 (Fibonacci zones shown on your chart).
---
3. Target Zones (if bearish breakout happens)
First target: 2.0150 (previous horizontal level).
Second target: 2.00 (psychological round number).
Third target (swing): 1.9750 โ 1.9600 (Fibonacci 0.618 zone).
---
4. Stop Loss
If you are taking a short/sell trade, the stop loss should be above the recent swing high inside the range:
Safe SL: 2.08 โ 2.085 (above range resistance).
---
โ
Summary (Daily Chart โ GBPAUD)
Pattern: Sideways range / rectangle, potential bearish breakout.
Entry idea: Sell on breakdown below 2.045 โ 2.05 zone.
Target 1: 2.0150
Target 2: 2.00
Target 3: 1.9750 โ 1.9600
Stop loss: Above 2.08
---
โ Note: If price bounces strongly from 2.05, then we may see another push back toward 2.08 โ 2.10, so watch for confirmation before entry.
Do you want me to give you a bullish alternative scenario also (in case support holds at 2.05)?
Update & Technical Analysis โ PEAQ๐ Update: In the previous setup, price made a dead cat bounce with a fake breakout, and continued its downside move.
Now, the chart has formed a falling wedge, which is considered a strong bullish pattern.
A breakout above the wedgeโs resistance could be a solid trigger.
โ
Confirmation of trend reversal will be at 0.0875 in MWC (Medium Wave Cycle) and at 0.1880 in HWC (High Wave Cycle).
โ ๏ธ Please remember: using this analysis requires strict risk management and capital management.
Whatโs your view on $PEAQ? ๐
XAU/USD/ Bearish Trend Read The captionSMC Trading point update
Technical analysis of analysis Gold (XAU/USD), 2H timeframe:
Trend Context: Price is moving inside a descending channel, showing continued bearish pressure.
Key Resistance Zone: The yellow highlighted area around $3,340 โ $3,347 is acting as a supply zone / resistance, aligned with the 200 EMA, reinforcing bearish bias.
Rejection Signals: Multiple rejections (red arrows) confirm sellers are defending this zone.
Bearish Setup: Price is expected to reject from resistance and continue lower within the channel.
Target Point: The projection suggests a decline towards $3,302, aligning with previous swing levels and channel support.
RSI: Currently mid-level (~51), showing no strong momentum shift yet, but still leaves room for downside pressure.
Mr SMC Trading point
Summary Idea:
Gold is respecting the bearish channel and supply zone. As long as price stays below $3,347, the setup favors a bearish continuation targeting $3,302.
Please support boost ๐ this analysis)
USD/JPY) Bullish Trend Read The captionSMC Trading point update
Technical analysis of USD/JPY (2H) analysis you shared:
---
Technical Breakdown
1. Price Action & Zone
Price retraced into a Fair Value Gap (FVG) / demand zone (yellow box) around 147.00 โ 147.40.
Strong buying interest is visible from this zone.
2. Falling Wedge Pattern
A falling wedge has formed, which is typically a bullish reversal pattern.
Price is attempting to break out above wedge resistance, showing potential for upside momentum.
3. EMA (200 Close)
Price is interacting with the 200 EMA (147.58), serving as dynamic resistance.
A sustained breakout above this EMA would confirm bullish continuation.
4. RSI (14)
RSI currently around 46โ50, suggesting neutral momentum with room for upside.
---
Trade Idea
Bias: Bullish
Entry Zone: On breakout & retest of wedge / demand zone.
Target: 148.680 (as marked).
Invalidation: Below 146.60 (clear break under demand/FVG zone).
Mr SMC Trading point
---
This setup suggests a bullish reversal from support, with a likely push toward 148.68 after wedge breakout.
please support boost ๐ this analysis)
BTC/USD) Technical analysis Read The captionSMC Trading point update
Technical analysis of BTC/USD daily chart analysis you shared:
---
Analysis Idea โ Bitcoin (BTC/USD)
1. Key Resistance Zone (Yellow Box):
BTC faced multiple rejections from the highlighted resistance area (shown by red arrows), indicating strong selling pressure.
2. Trendline Break:
A clear break below the ascending trendline confirms weakness in bullish momentum and suggests a shift toward bearish structure.
3. EMA 200 (Blue Line):
The 200-day EMA at 103,179 acts as a dynamic support. If price continues downward, it will likely test this area.
4. Target Zone:
Bearish continuation points toward the 100,720 โ 100,419 support zone, marked as the target point on the chart.
5. RSI (42.74):
RSI is trending lower, supporting bearish momentum but not yet oversold โ indicating more room for downside before a potential bounce.
Mr SMC Trading point
---
Idea Summary:
Bitcoin is showing signs of a bearish reversal after repeated resistance rejections and a trendline break. Price is likely to head lower toward the 100,700 region, with the 200 EMA providing possible short-term support.
Please support boost ๐ this analysis)
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) on the 4H timeframe based on Smart Money Concepts (SMC).
---
Technical Breakdown โ Gold (4H)
1. FVG (Fair Value Gap) Demand Zone
Price is approaching a demand/FVG zone around $3,315 โ $3,320.
This is where institutional buying interest is expected to step in.
2. Market Structure
The overall move suggests that the market is making a retracement into demand before a potential bullish continuation.
The bullish projection is supported by price rejecting from the imbalance zone.
3. Bullish Scenario
After a dip into the FVG zone, price is expected to rebound upward strongly.
Two upside target points are marked:
Target 1: $3,374.75
Target 2: $3,408.53
4. Trading Plan Idea
Entry: Around $3,315 โ $3,320 (inside FVG).
Stop Loss: Below $3,300 (to protect against deeper liquidity sweep).
Take Profit 1: $3,374.75
Take Profit 2: $3,408.53
Mr SMC Trading point
---
Summary
Bias: Bullish
Reason: Price approaching FVG demand zone + liquidity setup.
Setup: Wait for rejection/confirmation inside demand โ Enter long โ Target higher liquidity zones.
Please support boost ๐ this analysis)
GBPAUD โ 4H FVG Rejection Could Trigger Bearish Move
On the 4H chart, GBPAUD is approaching a Fair Value Gap (FVG) zone near 2.0900 , where I expect sellers to step in. Price has already shown exhaustion signs, and if rejection happens, the downside path looks more probable.
With the 200 EMA still hovering below, a clean rejection from FVG could open the way for a move down to 2.0610 (expected target). If bearish momentum extends, the next level to watch will be around 2.0472 (Fib extension support) .
๐ Bias โ Bearish from FVG rejection
๐ Key Resistance โ 2.0900 FVG zone
๐ฏ Target Levels โ 2.0610 โ 2.0472
GBPCAD: Bearish FVG Retracement Setup๐ Market Context
Strong bullish rally from Aug 12 โ Aug 14 created an extended push.
Price broke down after topping out, showing sellers stepping in.
Current price is trading around 1.8686, below the trendline break.
๐ My Sell Idea
Iโm waiting for price to retrace back into the bearish FVG around 1.8700โ1.8710 before looking for continuation lower.
This makes sense because:
The FVG is still unfilled.
Market momentum has shifted bearish.
The level aligns with structure, making it a clean rejection zone.
โ
Strength of Your Setup
FVG retracement zone above price (1.8700โ1.8710).
Momentum shift after strong bearish candles.
Clear downside target around 1.8635 (previous demand/liquidity).
Solid R:R: SL above the FVG, TP at next support.
โ ๏ธ Things to Watch
If price pushes too far above the FVG, the idea weakens. London/NY session volatility may cause a fake-out wick into supply before dropping. If price drops without retrace, donโt chase โ wait for the next setup.
๐ฏ Execution Plan
Sell Entry: 1.8700โ1.8710
SL: 1.8720โ1.8730 (above supply)
TP1: 1.8660
TP2: 1.8635
๐ Professional Take
This is a clean FVG retracement play. This is a strong, simple play. The key is patience: let the market come to Us. If it doesnโt retrace, I'll simply miss the trade.
USD/CAD) Bearish Trend Read The captionSMC Trading point update
Technical analysis of USD/CAD on the 4H timeframe, using Smart Money Concepts (SMC).
---
๐ Technical Breakdown โ USD/CAD (4H)
1. FVG (Fair Value Gap) / Supply Zone
Price is currently trading inside a supply/FVG zone (highlighted in yellow at the top).
Market is reacting to this imbalance area where institutional selling pressure is expected.
2. BOS (Break of Structure)
Earlier, price made a Break of Structure (BOS) on the downside, confirming a bearish shift in market structure.
The current bullish retracement into the supply zone is likely just a pullback before continuation down.
3. Bearish Rejection Expected
From the chart, price is anticipated to reject from the supply zone and start a bearish move.
Projection shows a strong drop toward the target support zone (SSS).
4. Target Point
Final downside target is marked at 1.35847, aligning with the Sell-Side Liquidity (SSL) / Support zone (SSS).
This zone is a strong liquidity pool where price may hunt stop losses before reversing.
---
Summary
Bias: Bearish
Current Price: 1.38147
Supply Zone (FVG): 1.3800 โ 1.3850 (reaction expected)
Target Zone (SSS): 1.35847
Setup: Look for short entries inside supply zone with confirmation.
Mr SMC Trading point
This is a classic SMC setup: BOS Pullback to FVG Liquidity hunt Target
Please support boost ๐ this analysis)
Will the Dow Jones revisit the 43,340 level ?!Will the Dow Jones revisit the 43,340 level, or are we heading for a new high?
A Gartley pattern has formed on the Dow Jones, aligning with a supply zone between 44,585.00 โ 44,725.00.
If the Dow stays below this zone, we will monitor price action on the 4-hour and daily charts for confirmation of a potential decline.
Expected downward targets based on price action:
1. 44,430.00
2. 44,330.00
3. 44,095.00
4. 44,000.00
5. 43,880.00
6. 43,775.00
7. 43,340.00
On the other hand, if the 44,725.00 level is broken and closed above, the Dow Jones is expected to move toward the historical high at 45,160.00.
A close above this level would signal a new high for the Dow.
PLTR 1D โ When the tea is brewed and the handleโs in placePalantirโs daily chart is shaping up a textbook cup with handle pattern โ one of the most reliable continuation setups in technical analysis. The cup base was formed over several months and transitioned into a consolidation phase, building a rectangle structure where smart money likely accumulated positions before a breakout.
Now hereโs the key: price has not only broken out โ itโs settled above all major moving averages, including EMA 20/50/100/200 and MA 50/200. The breakout candle was supported by surging volume, signaling strong participation from institutional buyers. When all the averages start bending upwards, it's usually not by accident.
The breakout above the $121 resistance zone unlocked a pathway toward a target at $187 , derived by projecting the height of the cup upward from the breakout level. This kind of structure, once confirmed, often fuels aggressive continuation โ and this oneโs got the setup locked in.
From a fundamental perspective, Palantir is holding solid ground: strong earnings reports, expanding government and commercial contracts, and aggressive development in AI services. Institutional interest is rising steadily, and that momentum is visibly reflected in price action.
To sum it up: price has launched cleanly out of the consolidation zone, pierced all critical MAs and EMAs, and continues to gain momentum. While the market sips its tea, this cup is boiling hot. Just donโt forget your stop loss โ this is a trading desk, not a tea party.
If you enjoy posts like this, drop a like, share it around, and letโs hear your thoughts below. It keeps ideas moving and the content flowing โ free, sharp, and relevant.
Technical Analysis of US100 on TradingView A trader is analyzing the US100 (Nasdaq 100 Index) using a 4-hour chart on TradingView. The chart displays a clear upward channel, with price action bouncing off the lower boundary and heading toward the upper trendline. A blue arrow indicates a bullish prediction, anticipating further upward movement. Support and resistance zones are highlighted, and the setup suggests a continuation of the bullish trend.
๐ Chart Overview:
Timeframe: 4-hour (H4)
Instrument: US100 (Nasdaq 100 Index)
Platform: TradingView via Capital.com
Date/Time in Chart: 25th August, 10:00 (likely UTC)
---
๐ Trend Analysis:
The price is moving within an upward parallel channel, indicating a strong bullish trend.
The chart shows multiple touches of both the upper and lower bounds of the channel, confirming its validity.
---
๐ฉ Support and Resistance:
Support Zone: Around 22,850โ23,050 (highlighted by the green rectangular box).
Price bounced sharply from this area, showing buyers are defending it.
Resistance Area (Projected): Upper bound of the channel, which aligns with the 24,000 level.
---
๐๏ธ Current Market Behavior:
The price recently bounced off the lower channel boundary and the key support zone.
A strong bullish candle broke through a mini pullback area, suggesting momentum is favoring buyers.
The blue arrow indicates an expected continuation upward toward the upper resistance line.
---
๐ Technical Implications:
Bullish Bias: As long as price remains inside the channel and above the support zone, the bullish trend is intact.
A retest of the upper channel line (~24,000) is a realistic target if momentum continues.
Invalidation Level: A clean break below the support zone (~22,850) and out of the channel could shift sentiment to bearish.
---
โ
Possible Trade Idea (for Educational Purposes):
Entry: Around 23,400โ23,500 (already in motion)
Target: 23,900โ24,000 (upper channel line)
Stop-loss: Below 22,850 (beneath the support zone)
"Gold Rejected at Resistance โ Eyes Set on $3,350 Support"This 45-minute chart of Gold Spot (XAU/USD) highlights a possible bearish reversal pattern. After testing and rejecting resistance around the $3,400 level twice, price action shows signs of weakening bullish momentum. The chart suggests a corrective move is likely, targeting the support zone around $3,350, which aligns with the previous breakout level and horizontal support. Traders should watch for confirmation signals near the resistance before entering short positions. Keep an eye on volume and candlestick patterns to validate the move.๐ Overview
Current Price: $3,380.32
Timeframe: 45-minute chart
Instrument: Gold Spot (XAU/USD)
Trend: Sideways to bearish bias near resistance
Key Zones:
Resistance: ~$3,400
Support (Target): ~$3,350
Major Support: ~$3,295โ$3,300 (prior consolidation low)
---
๐งฑ Chart Structure & Key Observations
1. Double Top Formation
Price has tested the $3,400 zone twice and failed to break higher.
This creates a potential double top โ a bearish reversal pattern.
2. Price Rejection
Long upper wicks near the top suggest strong selling pressure.
The recent move downward signals a shift in sentiment.
3. Bearish Impulse & Projection
The forecasted arrow shows a corrective move toward $3,350.
This level coincides with previous breakout structure and acts as a logical support retest.
PENDLE Breakout Watch โ Red Resistance Being Tested! ๐จ CRYPTOCAP:PENDLE Breakout Watch โ Red Resistance Being Tested! ๐ดโณ
CRYPTOCAP:PENDLE is testing the red resistance zone.
๐ If breakout confirms, next move could target:
๐ฏ First Target โ Green line levels
A breakout here could trigger buyer momentum and push price toward the next key resistance.
MAGIC / USDT โ Symmetrical Triangle Breakout | Pullback OpportunMAGIC has recently broken out of a symmetrical triangle pattern that had been forming for several months. The breakout occurred with strong bullish volume and was accompanied by an RSI breakout above its MA, suggesting solid momentum behind the move.
๐ Technical Notes:
A descending dynamic resistance has been finally broken.
The price has clearly exited the symmetrical triangle, which often leads to explosive moves.
According to the height of the triangleโs base (~0.22), a technical target of around 0.45โ0.47 can be projected.
๐ Possible Pullback:
A retest of the breakout zone around 0.20โ0.21 is likely before continuation. This area also aligns with the upper triangle boundary, now turned into support.
---
๐ฏ Bullish Targets (Based on Triangle Breakout):
TP1: 0.30
TP2: 0.42
TP3: 0.47 (Full triangle target)
---
๐ Stop Loss Suggestion:
Below 0.19, if the breakout fails and the price falls back into the triangle.
---
๐ Indicators:
RSI above 70 with bullish crossover.
Volume spike during breakout confirms institutional or whale interest.
USD/JPY) support boost Bullish Trend Read The captionSMC Trading point update
Technical analysis of USD/JPY on the 4-hour timeframe, based on a rejection from a key support zone and signs of trend continuation toward a higher target.
---
Technical Breakdown:
1. Support Level:
Price has bounced from a clearly defined support zone around 146.00 โ 146.50, which has held multiple times in the past.
This zone is acting as a strong demand area where buyers are stepping in.
2. Bullish Rejection + Structure:
A bullish candle has formed from the support area, signaling potential reversal.
The drawn projection suggests higher highs and higher lows forming โ indicating bullish continuation.
3. EMA (200):
Price has respected the 200 EMA (blue line), bouncing off it โ a strong confluence for bullish trend continuation.
EMA is slightly upward sloping, indicating a longer-term bullish bias remains intact.
4. RSI (14):
RSI is rising from oversold territory (42.09), indicating a bullish momentum shift.
A potential bullish divergence might be forming (price made lower low, RSI made higher low).
5. Target Point:
Price is projected to reach 150.904, giving a potential move of ~2.91% (426 pips) from current levels.
---
Trade Idea Summary:
Bias: Bullish
Entry Zone: 146.90 โ 147.30 (current levels or slight pullback)
Stop Loss: Below the support zone (~145.90)
Take Profit (TP): 150.900 (key resistance / previous high)
Risk-to-Reward Ratio: Attractive, based on the size of the support zone vs. projected move
Mr SMC Trading point
---
Key Insights:
Strong confluence between price structure, support zone, and 200 EMA bounce.
Favorable risk-reward ratio for swing or intraday traders.
Best confirmation would come from a bullish engulfing candle or break above minor resistance near 147.80.
Please support boost ๐ this analysis)






















