📊 1️⃣ Market Structure
Medium-term trend: up
Higher lows
Higher highs
Price remains above the trend line (orange)
Last impulse:
👉 breakout above 84.5
👉 reaching below the 91–92 zone
Now we have a correction after the impulse.
📍 2️⃣ Key Levels
🔵 91.6–92.0
Resistance/Supply Zone
The market has been rejected here. 🔴 84.5
First strong support
🔴 80.5
Structural support (more important)
🔵 71.1
Large HTF support
📈 3️⃣ RSI (H4)
RSI has moved out of the overbought range
Currently ~55–60
No bearish divergence
This looks like a healthy correction in an uptrend.
📉 4️⃣ Stoch RSI
It has moved out of the oversold range and is reversing upwards. This often means:
👉 the end of a local correction
👉 an attempt to re-attack resistance
🔥 Scenarios
🟢 BULLISH SCENARIO (more likely)
If the price holds:
👉 84.5
Then we have:
a retest
continuation
an attack at 91.6
a potential breakout to 99.4
🔴 BEARISH SCENARIO
If we lose:
👉 84.5
and close H4 below
Then:
a move to 80.5
a possible test of the trendline
Medium-term trend: up
Higher lows
Higher highs
Price remains above the trend line (orange)
Last impulse:
👉 breakout above 84.5
👉 reaching below the 91–92 zone
Now we have a correction after the impulse.
📍 2️⃣ Key Levels
🔵 91.6–92.0
Resistance/Supply Zone
The market has been rejected here. 🔴 84.5
First strong support
🔴 80.5
Structural support (more important)
🔵 71.1
Large HTF support
📈 3️⃣ RSI (H4)
RSI has moved out of the overbought range
Currently ~55–60
No bearish divergence
This looks like a healthy correction in an uptrend.
📉 4️⃣ Stoch RSI
It has moved out of the oversold range and is reversing upwards. This often means:
👉 the end of a local correction
👉 an attempt to re-attack resistance
🔥 Scenarios
🟢 BULLISH SCENARIO (more likely)
If the price holds:
👉 84.5
Then we have:
a retest
continuation
an attack at 91.6
a potential breakout to 99.4
🔴 BEARISH SCENARIO
If we lose:
👉 84.5
and close H4 below
Then:
a move to 80.5
a possible test of the trendline
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.
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.