taking lows and closing back in looking higher price


Weekly Analysis
Observation: The weekly candle wicked the previous week's candle but closed back within.
Implication: This could indicate a potential rejection at a key level, suggesting that there might be a pause or reversal in the current trend. It shows that sellers tried to push the price lower, but buyers managed to regain control by the end of the week.
Daily Analysis
Observation: The daily chart is showing indecision.
Implication: Indecision candles, such as dojis or spinning tops, suggest that there is a balance between buyers and sellers. This often occurs at key support or resistance levels and can signal potential reversals or continuation after a breakout.
4-Hour Analysis
Observation: The 4-hour chart shows price taking liquidity and reacting to a 15-minute Point of Interest (POI).
Implication: Liquidity grabs often occur before significant moves. If the price has taken out liquidity and then reacted to a POI, this could indicate the start of a new move in the opposite direction, potentially signaling the end of a retracement or the beginning of a new trend.
15-Minute Analysis
Observation: Price is reacting to a POI.
Implication: A reaction at a 15-minute POI could suggest that the price has found short-term support or resistance. If this aligns with the higher time frame analysis, it strengthens the case
istantanea

istantanea

istantanea
Trend Analysis

Declinazione di responsabilità