🕰 Weekly View
Price is pushing away from major support at 1.14–1.15 and climbing into the 1.18–1.20 resistance zone. Weekly structure still favors upside momentum while support holds.
📉 Daily Structure
Resistance: 1.18–1.20 strong supply.
Support: 1.16–1.17 demand, with deeper discount demand sitting at 1.15–1.16.
Daily price action shows liquidity being swept both sides before a push higher.
⏱ 8H Breakdown
Price is reacting from unmitigated demand around 1.16–1.17. A wedge breakout is sending price toward resistance at 1.18–1.20. If rejected, look for retrace back into discount demand (1.15–1.16) before continuation.
🔎 Outlook
Scenario 1 → Sweep into 1.18–1.20 supply → retrace back into 1.15–1.16 discount demand → continuation higher.
Scenario 2 → Clean breakout above 1.20 accelerates toward 1.22+.
Bias: Short-term reaction lower possible → mid-term bullish continuation.
Price is pushing away from major support at 1.14–1.15 and climbing into the 1.18–1.20 resistance zone. Weekly structure still favors upside momentum while support holds.
📉 Daily Structure
Resistance: 1.18–1.20 strong supply.
Support: 1.16–1.17 demand, with deeper discount demand sitting at 1.15–1.16.
Daily price action shows liquidity being swept both sides before a push higher.
⏱ 8H Breakdown
Price is reacting from unmitigated demand around 1.16–1.17. A wedge breakout is sending price toward resistance at 1.18–1.20. If rejected, look for retrace back into discount demand (1.15–1.16) before continuation.
🔎 Outlook
Scenario 1 → Sweep into 1.18–1.20 supply → retrace back into 1.15–1.16 discount demand → continuation higher.
Scenario 2 → Clean breakout above 1.20 accelerates toward 1.22+.
Bias: Short-term reaction lower possible → mid-term bullish continuation.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.