Overview
The chart shows a clear shift from bullish to bearish structure after the sharp rejection near the highs (~5,400 zone).
Price is now forming lower highs and lower lows, confirming a downtrend on the 4H timeframe.
The recent move is a strong impulsive drop, indicating sellers are in control.
🧱 Key Levels Identified
Resistance Zone (4,540 – 4,600)
Previously acted as support → now flipped into resistance
Marked as your “resistance level” and POI (Point of Interest)
Current Price (~4,410)
Sitting below resistance → weak positioning for bulls
Target Zone (3,800 – 4,000)
Highlighted demand area → logical bearish target
📉 Price Action Insight
Price broke structure downward → Break of Structure (BOS)
Now performing a pullback into resistance (POI)
This is a classic:
Break → Retest → Continuation pattern
The projected path suggests:
Short-term bounce into resistance
Rejection from POI
Continuation lower toward target zone
⚠️ Bearish Scenario (Primary Bias)
If price rejects the POI (4,540–4,600):
Expect continuation downward
Targets:
First: ~4,200
Final: 3,800–4,000 zone
🔄 Invalidation / Bullish Case
If price:
Breaks and holds above 4,600
Converts resistance back to support
👉 Then bearish bias weakens, and we could see:
Move back toward 4,800–5,000
🧠 Trading Idea Summary
Bias: Bearish
Setup Type: Retest of resistance (POI)
Entry Zone: 4,540 – 4,600
Stop Loss: Above resistance (~4,650+)
Target: 4,000 → 3,800
🏁 Conclusion
This is a textbook bearish continuation setup after a strong breakdown. The key decision point is the POI resistance zone—how price reacts there will determine whether the trend continues or reverses.
The chart shows a clear shift from bullish to bearish structure after the sharp rejection near the highs (~5,400 zone).
Price is now forming lower highs and lower lows, confirming a downtrend on the 4H timeframe.
The recent move is a strong impulsive drop, indicating sellers are in control.
🧱 Key Levels Identified
Resistance Zone (4,540 – 4,600)
Previously acted as support → now flipped into resistance
Marked as your “resistance level” and POI (Point of Interest)
Current Price (~4,410)
Sitting below resistance → weak positioning for bulls
Target Zone (3,800 – 4,000)
Highlighted demand area → logical bearish target
📉 Price Action Insight
Price broke structure downward → Break of Structure (BOS)
Now performing a pullback into resistance (POI)
This is a classic:
Break → Retest → Continuation pattern
The projected path suggests:
Short-term bounce into resistance
Rejection from POI
Continuation lower toward target zone
⚠️ Bearish Scenario (Primary Bias)
If price rejects the POI (4,540–4,600):
Expect continuation downward
Targets:
First: ~4,200
Final: 3,800–4,000 zone
🔄 Invalidation / Bullish Case
If price:
Breaks and holds above 4,600
Converts resistance back to support
👉 Then bearish bias weakens, and we could see:
Move back toward 4,800–5,000
🧠 Trading Idea Summary
Bias: Bearish
Setup Type: Retest of resistance (POI)
Entry Zone: 4,540 – 4,600
Stop Loss: Above resistance (~4,650+)
Target: 4,000 → 3,800
🏁 Conclusion
This is a textbook bearish continuation setup after a strong breakdown. The key decision point is the POI resistance zone—how price reacts there will determine whether the trend continues or reverses.
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Haftungsausschluss
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Join My telegram channel Free:
t.me/+r-thYiraqh4xNjI0
t.me/+r-thYiraqh4xNjI0
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.