$MSFTB 3h Price Chart Analysis: - At this moment, price is in a range but with bullish overtones. I expect a retracement to the 390.02–387.42 area first, where we could see a buy opportunity if a bullish reversal forms. If this happens, a move back up towards 392.79 and 394.65 is likely.
- If price instead surges and sweeps above 394.65 but quickly reverses, you may see a short-term rejection and a quick push lower toward 390.02.
- Example long setup: Wait for price to drop into 387.42–386.30 with a bullish pin bar or bullish engulfing, then enter long. Take profit at 392.79 and 394.65. Place stop-loss below the swing low in that zone.
- Example short setup: If price spikes above 394.65 but fails to close strong, look for a bearish engulfing on smaller timeframes for entry. Take profit at 390.02 and 387.42. Place stop-loss above the swing high.
- If price breaks and closes strong above 394.65 and holds, my bias would shift to further upside, targeting 398.62 and 409.82.
- If price breaks and closes below 386.30, downside opens up toward 383.14 and 380.50.
🚨 Get free AI trade signals before the move starts.
Join Finora AI → tinyurl.com/FinoraBot
2
1
1,115
