Entry: 69.90
Stop Loss: 70.80
Take Profit 1: 69.00
Take Profit 2: 68.50
This setup favors a controlled bearish trade because price remains below both the 50 SMA and 200 SMA, while the latest fundamental backdrop points to softer supply-risk pricing. A break and hold above 70.80 would weaken the bearish intraday setup materially.
Entry: 1.1368
Stop Loss: 1.1348
Take Profit 1: 1.1385
Take Profit 2: 1.1408
This setup favors a controlled intraday long position because the price is trying to stabilize above the DEMA, Parabolic SAR has flipped supportive, and stochastic is recovering from weak levels. A break below 1.1348 would invalidate the bullish intraday setup and shift the bias back to downside pressure.
Entry: 58,900
Stop Loss: 62,500
Take Profit 1: 55,000
Take Profit 2: 50,000
This setup favors a controlled bearish trade because price remains below both the 50-day and 200-day moving averages, while MACD is still negative. A daily close back above 62,500 would weaken the bearish setup, while a stronger trend change would require recovery above the 72,100 area.
Pivot: 1.6273
Upside target: 1.6389
Our preference (Base case):
Alternative scenario (If pivot breaks):
Technical notes (all given signals):
Trading implication: Above 1.6273, the rebound path remains open toward 1.6389, but with a mixed momentum/MA backdrop. A break below 1.6273 shifts focus to 1.6231/1.6205.
Pivot: 216.13
Target (base focus): 215.01
Our preference (Base case):
Alternative scenario (If pivot breaks):
Technical notes:
Trading implication: While below 216.13, the market can work lower toward 215.01, but the mixed MACD/MA setup argues for cautious sizing and expecting pullbacks. A push above 216.13 cancels the downside focus and shifts to 216.55/216.80.
Pivot / Resistance: 1.1735
Key level to watch: 1.1700
Our preference (Base case):
Alternative scenario (If resistance breaks):
Trading implication: Below 1.1735, the setup favors a move back to 1.1700, with extension risk to 1.1685. A sustained break above 1.1735 flips the bias to 1.1755/1.1770.
Pivot: 159.40
Our preference (Base case):
Alternative scenario (If pivot breaks):
Trading implication: While price stays below 159.40, the setup favors a move to 158.90; a clean break under 158.90 activates the extension toward 158.65. A sustained move above 159.40 flips the bias to 159.60/159.85.
Key resistance / Pivot: 1.3555
Our preference (Base case):
Alternative scenario (If resistance breaks):
Trading implication: As long as 1.3555 is not surpassed, downside pressure remains, and the risk of a break below 1.3500 stays high—opening the way to 1.3480. A sustained move above 1.3555 flips the setup to 1.3575/1.3590.
Entry: 85.50
Stop Loss: 86.45
Take Profit 1: 84.50
Take Profit 2: 83.20
This setup favors a cautious bearish trade because price remains below the 20- and 50-hour EMAs, the Parabolic SAR is still above price, and the recent trendline break has not yet been repaired. A sustained move back above 86.30–86.45 would weaken the bearish setup materially.
Entry: 2,300
Stop Loss: 2,356
Take Profit 1: 2,280
Take Profit 2: 2,250
This setup favors a downside continuation trade because price is sitting near the lower Donchian band, remains below the midline resistance, and the recent swing structure still points to lower highs. A sustained move back above 2,354 would weaken the bearish setup materially.
Pivot / Support: 4,790
Our preference (Base case):
Alternative scenario (If pivot breaks):
Comment (Price behavior): Consolidation may continue, but any further range should be limited, which supports the idea of buying above 4,790 while respecting a downside break below it.
Trading implication: Holding above 4,790 keeps the upside path open toward 4,835/4,855. A break below 4,790 shifts focus to 4,767/4,735.
Pivot / Support: 85.50
Our preference (Base case):
Alternative scenario (If pivot breaks):
Trading implication: Above 85.50, the bounce roadmap points to 87.70 then 88.50. A break below 85.50 negates the bounce thesis and opens 83.90/81.75.