HB LENG has demonstrated a strong bullish breakout, surging over 13% and breaking past previous resistance. The chart displays a completed harmonic pattern with the price moving towards the D point zone (751 level). Key resistance lies between 695 – 751, with Fibonacci levels (.786/.886) as potential reversal zones.
Trade Insight:
• Support: 620–695 (green zone)
• Resistance: 695–751 (red zone)
• Watch for price action near the 751 zone; a breakout could trigger a fresh uptrend, while rejection may see consolidation or pullback.
• High volume confirms strong buyer interest.
Strategy:
Consider booking partial profits as price approaches resistance. Wait for confirmation before entering new positions. Ideal for swing traders watching for breakout or reversal signs.
Trade Insight:
• Support: 620–695 (green zone)
• Resistance: 695–751 (red zone)
• Watch for price action near the 751 zone; a breakout could trigger a fresh uptrend, while rejection may see consolidation or pullback.
• High volume confirms strong buyer interest.
Strategy:
Consider booking partial profits as price approaches resistance. Wait for confirmation before entering new positions. Ideal for swing traders watching for breakout or reversal signs.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.