Price is moving within a clear range, with a strong **supply/resistance zone near the top (around 91–92)** and support below near **78–80**. After multiple attempts to push higher, price shows **rejection from the upper zone**, forming lower highs and losing bullish momentum.
The structure suggests **distribution** at the top, where sellers are stepping in aggressively. The inability to break and hold above resistance indicates a potential **shift toward bearish control**.
If price continues to respect this supply zone, we can expect a **downward move toward liquidity resting below support**.
**Target:**
* **Primary Target:** 80.00
* **Extended Target:** 78.00 (range low / liquidity zone)
**Bias:** Bearish below resistance zone
**Simple Mindset (Short):**
Selling from resistance, targeting range lows with bearish momentum confirmation.
The structure suggests **distribution** at the top, where sellers are stepping in aggressively. The inability to break and hold above resistance indicates a potential **shift toward bearish control**.
If price continues to respect this supply zone, we can expect a **downward move toward liquidity resting below support**.
**Target:**
* **Primary Target:** 80.00
* **Extended Target:** 78.00 (range low / liquidity zone)
**Bias:** Bearish below resistance zone
**Simple Mindset (Short):**
Selling from resistance, targeting range lows with bearish momentum confirmation.
Trade ativo
Active Active Trade fechado: objetivo atingido
my given target has been successfully achieved 
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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.