Key Observations:
Imbalance Zone Identified (Supply-Demand Gap):
The pink zone is marked as an imbalance — an area where price moved too quickly upward, leaving little trading volume in between.
These imbalances often act like magnets, drawing price back to "fill" them.
Recent Price Action:
Price recently formed a peak and has since started pulling back.
The latest candlesticks show bearish momentum (a series of red Heikin Ashi candles with increasing size).
Projected Price Movement:
A blue arrow projects a further decline into the imbalance zone, suggesting price may retest this level for liquidity or to complete a retracement.
Target Area:
The imbalance zone lies approximately between 5,680 and 5,736, with a midpoint around 5,710.
This is a logical target for a pullback before potentially resuming upward.
📉 Bearish Bias Justification:
Market Structure: A new lower high is forming, possibly signaling a short-term reversal or correction.
Heikin Ashi Candles: Smooth and elongated bearish candles indicate strength in the down move.
Volume Imbalance Theory: Price may need to fill this inefficiency before finding new direction.
✅ Possible Trading Implications:
Short Setup: Traders might look for short positions with targets inside the imbalance zone.
Buy Opportunity: Once the imbalance is filled, if bullish price action confirms, it could become a strong buy zone.
⚠️ What to Watch:
Look for confirmation (e.g., candlestick reversal or support forming) in the imbalance area before assuming reversal.
News/events (such as the economic calendar icons below) might impact price direction sharply.
Imbalance Zone Identified (Supply-Demand Gap):
The pink zone is marked as an imbalance — an area where price moved too quickly upward, leaving little trading volume in between.
These imbalances often act like magnets, drawing price back to "fill" them.
Recent Price Action:
Price recently formed a peak and has since started pulling back.
The latest candlesticks show bearish momentum (a series of red Heikin Ashi candles with increasing size).
Projected Price Movement:
A blue arrow projects a further decline into the imbalance zone, suggesting price may retest this level for liquidity or to complete a retracement.
Target Area:
The imbalance zone lies approximately between 5,680 and 5,736, with a midpoint around 5,710.
This is a logical target for a pullback before potentially resuming upward.
📉 Bearish Bias Justification:
Market Structure: A new lower high is forming, possibly signaling a short-term reversal or correction.
Heikin Ashi Candles: Smooth and elongated bearish candles indicate strength in the down move.
Volume Imbalance Theory: Price may need to fill this inefficiency before finding new direction.
✅ Possible Trading Implications:
Short Setup: Traders might look for short positions with targets inside the imbalance zone.
Buy Opportunity: Once the imbalance is filled, if bullish price action confirms, it could become a strong buy zone.
⚠️ What to Watch:
Look for confirmation (e.g., candlestick reversal or support forming) in the imbalance area before assuming reversal.
News/events (such as the economic calendar icons below) might impact price direction sharply.
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.
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.