BTC – Bullish bias under review: 102k/103k supports in focus__________________________________________________________________________________
Technical Overview – Summary Points
__________________________________________________________________________________
Momentum : Dominant on all major timeframes (1D, 12H, 6H, 4H). Risk On / Risk Off Indicator signals STRONG BUY except on 15min (neutral).
Support/Resistance : Structurally key pivot zone 102k–106k; major supports 102k/103k. Potential breakout above 106k (swing target 109k).
Volumes : Normal across all timeframes. No excess signals, no accumulation/capitulation peaks.
Multi-TF Behaviors : Horizontal consolidation with bullish dominance. Short-term bearish divergence on 2H–15min, micro-TF in correction only, no panic.
__________________________________________________________________________________
Strategic Summary
__________________________________________________________________________________
Global Bias : Solid bullish structure as long as 102k/103k hold. “Risk On” maintained by sector outperformance.
Opportunities : Entries on pullback/main base 103k–104k; breakouts to watch above 106k.
Risk Zones : Clear invalidation <102k, potential rapid flush to 97k–88k; keep strict stop-loss below 102.5k.
Macro Catalysts : FOMC, Fed projections, Middle East geopolitics keep volatility high, but no shock. Price action leads near-term strategy.
Action Plan : Swing buy on confirmed support, dynamic hedge post-news, monitor volumes/closures on key pivots.
__________________________________________________________________________________
Multi-Timeframe Analysis
__________________________________________________________________________________
1D : Bullish momentum, major supports intact (102k/105k). Risk On / Risk Off Indicator = STRONG BUY, stable volume, no excess. Healthy structure for long swings.
12H : Positive bias, range 102.6k–106k. Risk On / Risk Off Indicator = STRONG BUY.
6H : Presumed accumulation 103k–106k, momentum still strong. No volume weakness.
4H : Range oscillation, structural support test at 103k. Sector outperformance, neutral volume.
2H : First sign of short-term weakness. Divergent with higher TFs but no panic.
1H : Technical rebound towards 104.8k possible as long as 103k support holds.
30min : Short-term trend remains bearish (trend 30min = down). Correction/purge ongoing.
15min : Neutral momentum, supports being tested. No panic or melt-down observed.
Summary : Strong bullish confluence on higher TFs, temporary divergence on micro-TFs. “Range with bullish bias” scenario as long as 102k/103k holds the structure.
__________________________________________________________________________________
Macro and Fundamental Analysis
__________________________________________________________________________________
FED/FOMC (June 18) : Rates unchanged, “data dependent” guidance. Raised volatility but no risk-off shift.
Market Sentiment : BTC technical structure holds, moderate post-FOMC volatility.
S&P500 : Above all key moving averages. Sector momentum (software, uranium, semis) remains dominant.
Energy Level : Weak oil = little macro pressure against BTC.
Geopolitics : Israel–Iran escalation / US posture reinforced. High FX/oil volatility but BTC resilient (>102k), no panic on record.
Economic Calendar : Closely watching BoE & SNB, but low BTC impact odds.
Implications : Post-news phase = ideal for range trading, no rupture event expected within 48h.
__________________________________________________________________________________
Strategic synthesis & R/R guidance
__________________________________________________________________________________
Long on pullback 103–104k, swing targets 106/109k. Optimal R/R (>2.5) if stop 102.5k (D Pivot Low).
Invalidation area : Clean close <102k or heavy downside volume (capitulation via ISPD/volumes).
Risk Management : Dynamic stops, partial hedge post-FOMC during macro volatility.
Conclusion : Bullish structure preserved. Range trading scenario dominant, no extreme signals or panic. Actions: support watch, technical buy on confirmed pullback.
Support
USDCAD SWING TRADE LONG IDEA - MASSIVE BULLISH MOVE COMING?OANDA:USDCAD USDCAD has given a massive bullish break of structure on 4 Hour time frame after tapping to a strong key level on weekly time frame that is serving as support.
Now am bullish on USDCAD for a weekly income swing trading moves.
All I need right now to enter for a long to ride the move is a pull back to key level of support like old highs or imbalance levels.
That is when I will take a bullish long trade on USDCAD.
This is my A+ Trading Setup.
What do you see on your chart?
WIFUSDT Long Setup – Falling Wedge Breakout Incoming?Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
WIF has been consolidating inside a falling wedge structure and is now showing signs of strength from the major horizontal support zone around $0.77. The structure is tightening, and the recent bounce from support could be the early signal of a breakout.
Here’s the trade idea:
Entry Zone: $0.77 – $0.81
Breakout Confirmation: 4H close above the wedge trendline (~$0.87)
Targets:
Target 1: $0.95
Target 2: $1.10
Target 3: $1.35
Invalidation / SL: Below $0.74
Risk-Reward: High (3R+ depending on entry)
Strategy:
Wait for a confirmed breakout with volume. Early entries around current support with tight SLs offer favorable setups if you’re comfortable with added risk.
Keep an eye on Bitcoin’s volatility and global macros, as they may influence alt momentum.
SUI Long Swing Setup – Confluence of Support and Fibonacci LevelSUI has pulled back into a key confluence zone, aligning with both the 61.8% Fibonacci retracement and horizontal support. We’re now eyeing the $2.70–$2.80 area for a potential long entry.
📌 Trade Setup:
• Entry Zone: $2.70 – $2.80
• Take Profit Targets:
o 🥇 $3.40 – $3.60
o 🥈 $4.00 – $4.20
• Stop Loss: Daily close below $2.65
DeFi Index Completes Irregular Flat Correction; Bulls Back?DeFi Index may have a completed irregular flat correction within an uptrend, which may cause another rally this year, according to Elliott wave theory.
Cryptocurrencies are recovering and DeFi Index is now bouncing back above EW channel, so a five-wave impulse into wave (C) of an irregular (A)(B)(C) flat correction in blue wave B can be finished. It means that a higher degree blue wave C can now be in play, which can rally this year all the way back to March 2024 highs. Is this the beginning of an ALTseason?
A basic bullish irregular flat correction is a three-wave (A-B-C) pattern where wave B exceeds the start of wave A and wave C dips below wave A before the overall bullish trend resumes.
ZONE SNIPER SETUP (BEARISH)BTC/USD Supply Zone Reaction Expected...!
Current price action is retracing toward a well defined supply zone between 107,016 and 108,576, an area of previous institutional selling. The expectation is a potential rejection from this zone, leading to a continuation of the broader downtrend.
If price taps into this supply and fails to break above, short opportunities become favorable targeting:
Intermediate support at 104,000.
Final target at 101,565, aligning with prior liquidity sweep.
Invalidation occurs on a strong close above 108,576.
#BTC/USD, #FOREX, @VeloraFXReal
GBP_CAD RISKY LONG|
✅GBP_CAD is set to retest a
Strong support level below at 1.8380
After trading in a local downtrend for some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 1.8426
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC/USDT: Sector Momentum and Decision Zone Ahead of the Fed__________________________________________________________________________________
Technical Overview – Summary Points
➤ Strong multi-timeframe bullish momentum, confirmed by the Risk On / Risk Off Indicator signaling “Strong Buy” across all timeframes (daily, 12H, 6H, 4H down to intraday).
➤ Major supports (102,600–104,250 $) act as the market’s anchor; the 105,800–106,100 $ resistance remains the key level to break for a confirmed further bullish leg.
➤ Volumes are weak to normal, with no recent distribution, climax, or panic/extreme behavior (ISPD DIV neutral); market remains rational.
➤ Short-term TFs (1H, 2H) are more hesitant—favoring consolidation/range, suitable for scalping or risk management rather than directional breakout trades.
__________________________________________________________________________________
Strategic Summary
➤ Dominant bullish technical context, but facing key resistance, with macro and on-chain signaling for active caution.
➤ Opportunity: Buying pullbacks on 104,250–102,600 $, targeting extension if clean breakout above 106,100 $. Partial profit-taking into the 110–111k $ highs.
➤ Risk zone: Invalidation if there is a decisive break <102,000 $ or major red volume climax on failed resistance retest.
➤ Key catalysts this week: Fed/FOMC decision, major geopolitical events.
➤ Plan: Favour methodical accumulation pre-Fed, reinforce/swing post-announcement according to technical resolution.
__________________________________________________________________________________
Multi-Timeframe Analysis
1D : Trading below broad 105,800–111,000 $ resistance, Risk On / Risk Off Indicator strongly positive, normal volumes, no euphoria (ISPD DIV neutral). Healthy structure, upward bias confirmed.
12H/6H : Consolidation at major support; recent rebounds from 102–104k, no exhaustion signals. MTFTI Up but 2H-1H corrective divergence.
4H/2H : Range market, major supports defended, no breakout yet. MTFTI locally Down, indicating mild internal corrective dynamic.
1H/30min/15min : Intraday range, technical micro-bounces, weak directional bias, moderate volumes, no abnormal behavior. Scalping preferred below resistance, rigorous risk management.
Risk On / Risk Off Indicator : Strong aligned buy signal across all TFs, sector environment supportive.
__________________________________________________________________________________
Multi-Timeframe Key Points Summary
Strong bullish market, behavioral and technical stability.
Breakout >106,100 $ = legitimate bullish extension, 110k+ target.
Invalidation below 102k $: go to cash, wait for stabilization.
Volatility expected around (Fed/geopolitical) events: adjust sizing/stops accordingly.
__________________________________________________________________________________
Fundamental, Macro & On-Chain Analysis
Fed (FOMC June 17–18): Major breakout/volatility catalyst.
Geopolitical tensions (Israel/Iran): Risk-off spikes expected, watch liquidity zones.
On-chain: Key support at 100–102k $; no major distribution, long-term holders remain strong, options/futures point to underpriced volatility risk.
Strategy: Prefer gradual accumulation on supports, reduce exposure pre-Fed, confirm new swings post-FOMC.
__________________________________________________________________________________
Action Plan Summary
Accumulate on pullback 104,250–102,600 $, stop below 101,900 $.
Breakout >106,100 $: Target 110k–111k $, partial TP, monitor volume/volatility.
Avoid overtrading pre-FOMC or amid major geopolitical news.
Risk/Reward >2 on pullback – strict management mandatory.
__________________________________________________________________________________
Conclusion & Context Mastery
The market remains structurally bullish and supported by the combination of technical, sector and on-chain factors. However, macro/geopolitical volatility requires increased caution as the FOMC approaches. Focus on support entries, avoid chasing resistance until confirmed, and apply tight stops in this catalyst-rich context.
__________________________________________________________________________________
Positive market: OIL rises sharply - Important area to watch forThe recent escalation of tensions in the Middle East has had a strong ripple effect across all commodities market. Just as we observed with Gold, it’s no surprise we’ve seen oil prices climb as well, given this uncertainty.
If you’ve seen my latest Gold analysis, you’ll understand how market sentiment has turned uneasy, and in times like these are what people trust when everything else feels risky. And naturally, with everything going on, Gold is seeing stronger demand again, and I expect the price to steadily climb and reach new highs because the momentum is unmistakable.
On Friday the 13th, oil prices spiked abruptly before pulling back slightly, showing just how sensitive the market is to potential supply disruptions. What’s fueling this rally is obvious, and it’s the fear around supply from such an important oil-producing area. This creates a great opportunity to take a position.
As you can see in my analysis, the price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would really confirm the bullish bias and make the move towards my anticipated target of 77,50 high probability, towards the next resistance zone level at 77,50 and 79,50.
If the price remains over this support zone, my bullish outlook stays the same. But, if it doesn’t hold above this level we could see a slight pullback before another definitve move up.
In such times, it’s important to watch price action closely especially near key technical levels, and let the market show your next move.
USDJPY Long potential setupWhat's going on?
USDJPY – Reload Zone Marked. If They Take Me Out, I’ll Be Waiting Lower.
Discipline means you don’t chase. You wait where the market must return.
Currently in 2 buys, one is an added position, then I moved my stop in from the purple line— but if those get wicked out, I’m hunting the next key demand zone just beneath 144.10. Where we'll have a textbook spring setup!
🧠 What I See:
We're forming a potential micro accumulation structure.
If the current position gets taken out, I’ll reload lower at the spring aligned with the prior reaction low + liquidity sweep zone.
🎯 Next Area of Interest:
Zone: 144.00 – 144.10
📌 Target Remains:
144.76 → 145.36
1.618 extension aligns with supply inefficiencies & range completion
---
> “Stop loss isn’t failure. It’s recon. The second entry — that’s where pros feast.”
I’m not trading emotion. I’m trading plan + precision + execution.
Gold Analysis (Bullish Bias)Gold continues to show strong bullish momentum, supported by key technical levels and favorable market structure. Price action remains constructive above the major support zone, indicating potential for further upside.
I'm closely monitoring the following levels for a high-probability long setup:
Demand Zone / Support Level:
Entry key level: 3426 - 3420
As long as gold holds above this support, the bias remains bullish with potential for a continuation toward higher resistance levels. A break and sustained move above the entry zone would confirm bullish strength and could trigger the next leg up.
Risk management remains key waiting for clear confirmation before entering is advised.
#GOLD, #FOREX , # @VeloraFXReal
Taking profit on GE Aerospace stock to buy in lower after summerIt's clear NYSE:GE has hit overbought, it's the perfect time to take profits now. Less stress managing stocks over the summer too lol...
$196 is the 0.618 level I'm aiming to re-enter, there's also decent support near that level $190 to $200
SOLUSD 1D Chart Review1. Main Trend
Downward Channel: Price moving in wide, downward channels (black trend lines), which means that the medium and long term remains bearish.
The upper trend line is a strong dynamic resistance, the lower one – support.
2. Key Horizontal
Resistance (Resistance):
$168.32: Strong resistance level, which it has responded to many times in the past.
$183.55: Another important resistance, confirmed by historical highs.
$218.85: Further resistance with an interval obligation.
$248.30: Very strong, long-term resistance (far from the current price for now).
Support (Support):
$144.23: actually occurs close to this support – very level.
$130.99: Another potential level where price could look for a rebound.
$114.74: Strong support, last bastion of bulls near March/April low.
3. Price action (Price action)
Last candles emitted pullback from downtrend line and down to support area of $144.23.
that any attempt to grow above trend line is limited by sellers.
$144.23 level currently existing short-term support - its loss may be available in case of $131 or possibly existing.
4. Indicator
Stochastic RSI (at the bottom of the chart):
Stochastic RSI indicator stated that airlines (blue and orange) were in power (overbought) in recent devices, but suddenly started to turn down.
Currently occurs in neutral zone, however application of protection (oversold). In case of threat occurrence now, it may suggest risk of attack, but it is not yet decided.
It is worth noting whether to go to the area of 20 and start turning back - in case of a necessary necessity.
5. Scenarios for the days
Bullish (growth):
Maintaining support at 144.23 USD and hitting the downtrend line (around 160-165 USD).
Breaking the trend line and resistance at 168.32 USD will give a signal to load in the area of 183-218 USD, but for the tenth time it seems to be less important, attention given the market structure.
Bearish (fall):
Breaking support at 144.23 USD and closing below on the daily candle - the next target to 131 USD, and then 114 USD.
The downtrend channel is still working against the bulls.
6. Summary
Main trend: downtrend.
Price: Close to support, but the risk of you leaving a big one.
Key horizontals: $144.23 (short-term support), $168.32 (main resistance).
Stochastic RSI: Heading towards oversold zone, but not yet giving a clear conclusion about a breakout.
Recommendation: Observe the application of price at $144.23 and the behavior of Stochastic RSI. In case of a breakout - it is possible that they will occur.
GBPNZD Important Resistance and SupportThe pair is heading towards the resistance at 2.363, which has not been tested by the sellers, so there are still many sellers waiting in this area. The uptrend could extend to 2.276, the highest peak of last month.
If the resistance at 2.263 cannot be broken, then 2.238 is the sideway border of the pair, which helps support the price increase. When it breaks out, it confirms a reversal to the downtrend.
The price reaction zone can be noted around 2.229 before touching the strong support zone at 2.220.
Support: 2.238, 2.229, 2.220
Resistance: 2.263, 2.276
BTC gathers liquidity ahead of growth Inside the trading range Bitcoin has moved into a sell-off phase due to the situation in the Middle East. The sell-off could extend to 102500 - 100600. But as the market is trending and bullish, the support at 100600 may hold the price and allow the market to strengthen
Scenario: A false break of the resistance at 105280 is formed. Accordingly, I am initially waiting for a decline to 102500. If 102500 fails to hold the move, bitcoin could then head to the liquidity pool. A false break of 100600 may give a chance for a rise to 105200 - 108200.
JASMY Long Swing Setup – Oversold Bounce from Major SupportJASMY has seen a sharp decline in recent weeks, but price has now landed in a key support zone. With a potential bounce on the table, we’re eyeing the $0.015–$0.01355 range for a possible long entry toward resistance tests.
📌 Trade Setup:
• Entry Zone: $0.015 – $0.01355
• Take Profit Targets:
o 🥇 $0.020
o 🥈 $0.024
o 🥉 $0.030
• Stop Loss: Daily close below $0.013
Gold may rise due to CPI and falling dollarMay CPI in the US rose by 2.4% - just below the forecast of 2.5%. This reinforced expectations of a Fed rate cut despite continued pressure from tariffs. The dollar is weakening, gold may gain in this situation
Gold is forming an upward structure. The fundamental background is changing and moving to the side of gold. Before the rise there may be a liquidity grab from below
Price is in consolidation. If trading shifts to the upper half of the current range, then a breakout and continued growth can be considered in this case
BTC/USD Analysis – 4H Interval (Sample Workflow)BTC/USD Analysis – 4H Interval (Sample Workflow)
Note: I do not have access to the exact 4H chart from your screenshot, so I will perform the analysis based on the current market situation and typical price zones and setups that are worth following (you can apply them to your chart in TradingView).
📊1. Support and resistance zones
Resistance: 110,000 USD
(the last local peak and the place where a strong supply reaction was visible)
Support: 105,000 USD
(the place of the highest volumes and previous bounces, supported by POC levels from your screenshot)
Next support: 103,000 USD
(important level resulting from previous consolidations)
🔍2. Trend & Price Action
Direction: In the short term, the uptrend dominates (a series of higher lows and highs), but a stronger supply wick has appeared - a local pullback is possible.
Observe: Possible correction to the nearest support zones, rebound from POC/VAL/VAH levels.
Price channels: You can draw a rectangle (channel) between 107,000 and 110,000 as the current volatility range.
📌3. Indicators
Stochastic Oscillator: Close to the overbought zone (above 75) - a signal of a possible short-term pullback.
CHOP (Choppiness Index): Low - suggests that the market has just moved from consolidation to a trend (another strong movement after the correction may develop).
📊4. Candlestick structures
Last H4 candle: Long upper shadow (a possible signal of demand exhaustion).
Watch:
Reversal patterns (e.g. pinbar, engulfing) on support/resistance zones.
🧠5. Scenarios and levels to watch
Bull scenario
Breakout of resistance 110,000 USD → possible quick move to 112,000–114,000 USD.
Condition: Increased volume and closing of 4H candle above resistance.
Bearish scenario
Bounce from 110,000 USD and drop to 107,000 or 105,000 USD.
If 105,000 USD is broken, possible retest of 103,000 USD.
BTC: Strong bullish trend, key resistance 111–112k in focus__________________________________________________________________________________
Technical Overview – Summary Points
__________________________________________________________________________________
Strong bullish momentum across all timeframes (1D to 15min).
Major supports: 100335, 104940, 106743 – multi-timeframe confluence, natural risk management levels.
Key resistances: 109952 – 111949 (historical pivot zones).
Risk On / Risk Off Indicator clearly favoring "Risk On" (strong buy). Tech sector in leadership mode, favorable context.
Volumes normal to moderately elevated, no major behavioral anomalies (ISPD DIV neutral).
No significant divergence between technical and behavioral indicators detected.
__________________________________________________________________________________
Strategic Summary
__________________________________________________________________________________
Overall bias : firmly bullish, but tactical caution just below 111,000–112,000.
Opportunities : prioritize buys/reloads on pullbacks to 104,900–100,300.
Risk zones : clean break below 103.7k ⇒ risk of acceleration to 95.6k; invalidation if daily close <103,700$ or >2 sessions <97,100$.
Macro catalysts : Fed decision (06/18), US CPI (06/12), Trump speech (06/10); anticipate higher volatility.
Action plan : engage tactically below resistance; recommended swing stop-loss at $97,000; active management after each catalyst event.
__________________________________________________________________________________
Multi-Timeframe Analysis
__________________________________________________________________________________
1D : Massive support 100k-103k, critical resistance 111–112k. Robust momentum and context, no behavioral overheating.
12H : Steady staircase progression, intermediate supports respected (104940–106743), healthy volumes, ongoing up-trend.
6H : Bullish background, no excessive flow or defensive behavioral signals.
4H : Resistance zone test (111949–109952), structure remains solidly up, no reversal detected.
2H : Slightly rising volumes on resistance test, no behavioral excess. Positive momentum.
1H : Active resistance test, moderate volumes. Bullish structure intact.
30min : Micro-consolidation below resistance, no excessive volume/behavior. Trend up.
15min : Volume spike on last upward move, rapid normalization. Reload possible if breakout above 110k is confirmed.
Multi-timeframe summary : Bullish confluence, no strong reversal signal as long as support at 103.7k holds.
Risk On / Risk Off Indicator : Strong buy, tech sector leading, no structural risk detected in capital rotation.
__________________________________________________________________________________
Synthesis & Decision-Making
__________________________________________________________________________________
Dominant structure : BTC market structurally bullish, supported by multi-timeframe converging supports and solid tech sector.
No behavioral anomaly (ISPD DIV neutral); volumes under control; only vigilance below 111–112k due to matured seller pressure.
Macro context : Fed’s rates unchanged expected, major catalysts nearing with potential for significant volatility.
On-chain analysis : active distribution from long-term holders, critical area 103.7k–97.1k, demand must absorb “long-duration” supply.
Trading recommendation : favor buys/reloads on pullback (104,900–100,300); tactical caution under 111–112k; swing stop-loss at $97,000 advised.
BTC structurally bullish, but approaches a critical phase: robust multi-timeframe supports, positive macro momentum, no excessive behavioral exuberance. Heightened vigilance required below 111–112k due to pressure from long-term holders; dynamic risk management needed around major macro events.
__________________________________________________________________________________
Bitcoin is Super Bullish Right Now - Here is my BTC trade planSince Bitcoin is super bullish on monthly and weekly time frame, my focus is to trade trend continuation pull backs on the 4HR time frame.
For this particular trade, I want to see a pull back to a key level of either imbalance or the old high serving as new support for price.
I will be taking a bullish trend continuation setup on that 4HR pull back.
Target:
I expect to see Bitcoin break that all time high of 111k level and go as high as 150k per one.
GBPJPY: Weekly OverviewHello Traders,
Everything is clear in the chart. the yellow line is a HTF resistance.
********************************************************
The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
*******************************************************************
Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
$ENS / USDT 1D FAKEOUT ON FLAG? Incoming Pump? 📊 $ENS/USDT Perpetual Contract – Daily Timeframe Analysis
🟢 Bullish Setup
A bullish flag is forming on the daily chart — a continuation pattern indicating potential upward movement.
- Price recently entered into the golden pocket of the Fibonacci retracement tool marked from $16.881 – $25.241 on the third touch of the flag's resistance, triggering a fakeout, it now rests in the first Fair Value Gap.
- The strong wick rejection on the 3rd retest of the resistance/supply indicates bearish strength, momentarily pushing price lower.
- Despite this, the overall pattern remains valid as long as price respects the Golden Pocket and FVG zone below.
✅ If price closes above the golden pocket, it could present an excellent leveraged entry or spot position, with high reward potential off 67%.
🔴 Bearish Scenario
- So far, every test of the **4H supply zone** has resulted in rejection — showing persistent seller control at short-term resistance.
- If buyers fail to defend the golden pocket and recover the bullish trendline, the structure confirms a break. (Downtrend)
The confirmation of bearish pressure is the:
1) Large wick (Creating a shooting start candle pattern)
- Signaling bearish reversal.
2) Large Bearish Marubozu Candle.
- Indicates strong continuation of a downtrend.
3) Candle close below Trend line support.
- Showing Bears were able to successful make a major move.
🔽 In that case, we look to short after FVG confirmation and scalp down toward the daily demand zone.
📌 Patience is key. Let the price show intent before entering.
Please let me know what your thoughts are!