Wednesday's session cleared up the structural picture and gave directional confirmation for the midterm — down, aligning with the swing direction. The swing low remains the only level that fully resolves this two-month-long swing range.
The internal high is now acting as the pullback trigger until the swing low breaks, at which point the structural map needs updating. Looking at the swing range volume profile, the swing low demand might provide a reaction, but it needs significant participation to actually hold. The current downtrend volume POC is sitting around the internal high — I'm monitoring that for a potential continuation lower if the internal high holds. Once the internal high breaks, my next trade location shifts to the pullback target zone.
For the rest of the week, shorts are the higher-probability trades. Longs are higher-risk setups that need active management until the internal high breaks — after that, long setups as pullback trades are still risky, but the probability of them working increases. Longs aren't suitable for swing positions right now either way. There are a few algorithmic levels sitting near the pullback target too, which makes that whole area high-liquidity.
I'm interested in the first touch of the swing low demand zone.
Grab the chart or zoom out on the preview to see all zones.
Trade Idea — Thursday
Long around the swing low demand. Risk below the swing low, targeting Target 1 and the internal high.
Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
The internal high is now acting as the pullback trigger until the swing low breaks, at which point the structural map needs updating. Looking at the swing range volume profile, the swing low demand might provide a reaction, but it needs significant participation to actually hold. The current downtrend volume POC is sitting around the internal high — I'm monitoring that for a potential continuation lower if the internal high holds. Once the internal high breaks, my next trade location shifts to the pullback target zone.
For the rest of the week, shorts are the higher-probability trades. Longs are higher-risk setups that need active management until the internal high breaks — after that, long setups as pullback trades are still risky, but the probability of them working increases. Longs aren't suitable for swing positions right now either way. There are a few algorithmic levels sitting near the pullback target too, which makes that whole area high-liquidity.
I'm interested in the first touch of the swing low demand zone.
Grab the chart or zoom out on the preview to see all zones.
Trade Idea — Thursday
Long around the swing low demand. Risk below the swing low, targeting Target 1 and the internal high.
Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.