The market has formed a rising channel after a significant bullish reversal marked by a Change of Character (CHoCH) and a Break of Structure (BOS). Price is currently consolidating near the midline of the ascending channel.
🔍 Key Insight:
We're in a wait-and-watch zone — a breakout from this channel in either direction could set the tone for the next move.
Trading Plan:
Upside Breakout: Watch for a breakout above the upper boundary of the channel with strong bullish momentum. Target the projected move equal to the height of the channel.
Downside Breakout: If price breaks below the lower channel support, expect a potential bearish move toward the lower target zone marked on the chart.
Important: Wait for a clear breakout and confirmation before entering a trade. Avoid entering inside the channel to minimize risk from false moves.
🔍 Key Insight:
We're in a wait-and-watch zone — a breakout from this channel in either direction could set the tone for the next move.
Trading Plan:
Upside Breakout: Watch for a breakout above the upper boundary of the channel with strong bullish momentum. Target the projected move equal to the height of the channel.
Downside Breakout: If price breaks below the lower channel support, expect a potential bearish move toward the lower target zone marked on the chart.
Important: Wait for a clear breakout and confirmation before entering a trade. Avoid entering inside the channel to minimize risk from false moves.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。