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✅ 4 hour frame (H4) trend analysis
1️⃣Overall structure: clear buyer control, major resistance breakthroughs
1️⃣Overall structure: clear buyer control, major resistance breakthroughs
The price broke through the important resistance level at 4156 (yellow line) and stabilized above it, forming several strong bullish candles, indicating that the uptrend is clearly strong.
The last bullish candle closed near the highs, indicating that the positive momentum continues.
2️⃣ Moving Averages: Strong Bullish Orders
MA5, MA10 and MA20 all show a classic ascending sequence, with the price moving steadily above MA5 and MA10.
MA20 has also begun to turn upward, which is an important signal of trend change.
➡️This reflects the strength of the medium-term trend and the control buyers have over the market.
3️⃣ Bollinger Bands: the width of the upper boundary and the strength of the trend
The price is moving along the upper border of the Bollinger Bands – a classic sign of a strong uptrend.
The upper boundary also expanded, indicating increased volatility and opening the way for further gains.
✅ Trend analysis on 1-hour frame (H1)
1️⃣ Trend structure: strong rise, expected short-term correction
The price recently rose to 4226.89 and then fell slightly, which is a natural retracement after a strong uptrend.
Price remains above MA5 and MA10, which means the current move is a strong correction rather than a trend reversal.
2️⃣Moving average: short-term sustained upward trend
MA5 and MA10 are still in ascending order.
MA20 is starting to provide important support and is a key level to gauge short-term corrections.
➡️The overall trend is still bullish, but technical adjustments may occur at any time.
3️⃣ Bollinger Bands: The upper boundary pressure is obvious
The upper boundary of the Bollinger Band in the 1-hour frame is located near 4222. After touching it, there are signs of weakening, and the trading volume is lower, indicating short-term profit-taking.
🔴Resistance: 4226/4230
🟢 Support level: 4195/4182
✅ Trading strategy reference
1️⃣ Buy on pullbacks (main strategy)
Buy in the 4182-4195 area
🎯 Target: 4218 / 4230
⛔ Stop loss: 4170
reason:
A break above the 4156 level on the 4-hour frame confirms the medium-term bullish trend.
Therefore, any correction is a good opportunity to enter a buy trade.
2️⃣ Sell at high prices (secondary strategy-light contract)
If price rejection signal appears, sell around 4226-4230
🎯 Target: 4205 / 4195
⛔ Stop loss: above 4238
reason:
There is pressure on the upper boundary of the Bollinger Bands on the 1-hour frame, indicating that the uptrend has been exhausted and a correction is possible.
