The chart shows a strong bullish trend continuation after a clean breakout from consolidation, with price currently approaching a key resistance/supply zone.
๐ Market Breakdown
๐ Trend: Strong bullish momentum with higher highs & higher lows
๐งฑ Resistance Zone: 4,740 โ 4,780 (possible short-term rejection) โ ๏ธ
๐ต FVG Demand Area: 4,640 โ 4,660 (key imbalance zone)
๐ท M15โ30 Demand: 4,560 โ 4,590 (strong intraday support)
๐ข Major Support: Around 4,500 โ 4,520
๐ก Trade Idea
๐ Expect a pullback from resistance, then continuation upward.
Entry Zones:
๐ข Aggressive Buy: 4,640 โ 4,660 (FVG)
๐ข Safer Buy: 4,560 โ 4,590 (strong demand zone)
๐ฏ Targets
๐ฏ TP1: 4,740
๐ฏ TP2: 4,780
๐ฏ TP3: 4,820 ๐ (new highs potential)
โ ๏ธ Invalidation
โ Break below 4,500 โ bullish structure weakens
๐ง Summary
๐ฌ Price is likely to grab liquidity near resistance, retrace into demand, and then continue higher.
๐ Smart money behavior suggests buying dips, not chasing highs.