Higher timeframe structure remains bearish
Price continues to trade below a key resistance after a clear rejection
Previous support has flipped into resistance
→ R/S flip is holding, keeping downside pressure intact
Recent downside move fully filled the lower wick
This indicates liquidity has been taken and short-term relief is possible
On the lower timeframe, a Market Structure Shift (MSS) has formed
→ This suggests a potential corrective move
As long as price remains below HTF resistance, any bounce should be treated as reactive
Bullish continuation only becomes valid after a reclaim and hold
Level-to-level market
Wait for confirmation, not anticipation
Do you expect a corrective bounce or continuation to new lows from here?
Should I break this down on the lower timeframe?
MrC
Price continues to trade below a key resistance after a clear rejection
Previous support has flipped into resistance
→ R/S flip is holding, keeping downside pressure intact
Recent downside move fully filled the lower wick
This indicates liquidity has been taken and short-term relief is possible
On the lower timeframe, a Market Structure Shift (MSS) has formed
→ This suggests a potential corrective move
As long as price remains below HTF resistance, any bounce should be treated as reactive
Bullish continuation only becomes valid after a reclaim and hold
Level-to-level market
Wait for confirmation, not anticipation
Do you expect a corrective bounce or continuation to new lows from here?
Should I break this down on the lower timeframe?
MrC
Aviso legal
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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.