Published: June 3, 2025 @ 10:22 PST
🔍 Observations:
🔺 Price Context:
Currently trading at 5,982, right inside the premium + weak high zone
1.382 Fib extension = 5,979.73 has just been tagged
Next Fib levels:
1.618 = 6,000.33
2.0 = 6,034.13 (also long-term resistance target)
🧠 SMC & Liquidity:
BOS confirmed around 5,927
Multiple ChoCHs now invalidated = strength in the up move
Weak high at 5,980 likely acted as a liquidity magnet → now filled
📉 Risk Alert:
Low volume on the final leg up = signs of exhaustion
Price is now above key liquidity zones — perfect for a fake-out or reversal
🔁 Updated Probabilities (Intraday Outlook)
Direction Probability Reason
Bearish Reversal (today) 65% Liquidity sweep + premium zone rejection + volume divergence
Bullish Continuation (toward 6,034) 35% Momentum intact, if breakout holds and is supported by volume spike
🧠 Analyst Note:
"This was the right view, can’t believe I missed it."
— This quote fits perfectly here. The 5,902 zone (equilibrium) acted exactly as intended: a launchpad. Missing the move isn’t the problem — it’s not learning from it that is.
🔍 Observations:
🔺 Price Context:
Currently trading at 5,982, right inside the premium + weak high zone
1.382 Fib extension = 5,979.73 has just been tagged
Next Fib levels:
1.618 = 6,000.33
2.0 = 6,034.13 (also long-term resistance target)
🧠 SMC & Liquidity:
BOS confirmed around 5,927
Multiple ChoCHs now invalidated = strength in the up move
Weak high at 5,980 likely acted as a liquidity magnet → now filled
📉 Risk Alert:
Low volume on the final leg up = signs of exhaustion
Price is now above key liquidity zones — perfect for a fake-out or reversal
🔁 Updated Probabilities (Intraday Outlook)
Direction Probability Reason
Bearish Reversal (today) 65% Liquidity sweep + premium zone rejection + volume divergence
Bullish Continuation (toward 6,034) 35% Momentum intact, if breakout holds and is supported by volume spike
🧠 Analyst Note:
"This was the right view, can’t believe I missed it."
— This quote fits perfectly here. The 5,902 zone (equilibrium) acted exactly as intended: a launchpad. Missing the move isn’t the problem — it’s not learning from it that is.
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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.