The overall market bias remains bullish, so I am currently focused on bullish continuation setups.
After the previous high was broken, I expected the old supply area to return as a retest. To track that possibility, I copied the entire supply range from the left-side structure and projected the same zone into the current market area.
Price is now reacting inside this reversal zone. If the market forms strong bullish confirmation or any positive price action pattern here, it could continue moving toward the upside.
I also marked a “VOL BURST” level below the zone. This area may act as a liquidity sweep zone, meaning price could briefly move below it before reversing, or continue ranging between the VOL BURST level and the reversal zone before the next move begins.
At the moment, the market is showing a repeated supply structure, while demand strength appears relatively slow. Because of that, the sell-side reaction came aggressively.
For now, the bullish bias remains intact unless market structure shifts clearly bearish.
After the previous high was broken, I expected the old supply area to return as a retest. To track that possibility, I copied the entire supply range from the left-side structure and projected the same zone into the current market area.
Price is now reacting inside this reversal zone. If the market forms strong bullish confirmation or any positive price action pattern here, it could continue moving toward the upside.
I also marked a “VOL BURST” level below the zone. This area may act as a liquidity sweep zone, meaning price could briefly move below it before reversing, or continue ranging between the VOL BURST level and the reversal zone before the next move begins.
At the moment, the market is showing a repeated supply structure, while demand strength appears relatively slow. Because of that, the sell-side reaction came aggressively.
For now, the bullish bias remains intact unless market structure shifts clearly bearish.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.