Sellers Missing, But Structure Is Alarming ⚠️
Weekly Overview:
Price is currently at a major resistance zone and formed a clear bearish pin bar last week, hinting potential downside pressure. This level has historically acted as a ceiling, so it's worth paying attention.
Daily Chart Insight:
Despite the bearish weekly signal, the daily timeframe hasn't confirmed seller presence yet. No strong bearish price action or momentum shift is visible at the moment.
4H Chart Setup:
Price is trading below the 50EMA, which is often the early sign of a possible trend change. However, we still haven’t seen solid selling pressure—no trendline break or bearish structure yet.
Plan:
🔹 Bias: Bearish
🔹 Entry: Wait for confirmation – look for 4H bearish structure break or trendline break below recent support.
🔹 Targets:
‣ First target: Near-term 4H support zone
‣ Second target: Daily support zone aligned with previous swing low
🔹 Invalidation: A clear break and close above last week's high will invalidate the setup.
📌 Patience is key – weekly shows intent, but daily and 4H need to confirm. No rush until sellers truly step in.
Weekly Overview:
Price is currently at a major resistance zone and formed a clear bearish pin bar last week, hinting potential downside pressure. This level has historically acted as a ceiling, so it's worth paying attention.
Daily Chart Insight:
Despite the bearish weekly signal, the daily timeframe hasn't confirmed seller presence yet. No strong bearish price action or momentum shift is visible at the moment.
4H Chart Setup:
Price is trading below the 50EMA, which is often the early sign of a possible trend change. However, we still haven’t seen solid selling pressure—no trendline break or bearish structure yet.
Plan:
🔹 Bias: Bearish
🔹 Entry: Wait for confirmation – look for 4H bearish structure break or trendline break below recent support.
🔹 Targets:
‣ First target: Near-term 4H support zone
‣ Second target: Daily support zone aligned with previous swing low
🔹 Invalidation: A clear break and close above last week's high will invalidate the setup.
📌 Patience is key – weekly shows intent, but daily and 4H need to confirm. No rush until sellers truly step in.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.