The overall market structure remains bullish, with demand continuing to move faster than supply. Buyers are still in control, and the recent price action continues to support the upside trend.
One of the strongest confirmations is that the market has already broken the previous high, showing a clear continuation of the bullish structure rather than a reversal.
After the breakout, price is now pulling back toward a previously identified reversal zone, which aligns with the last supply area. This zone will be the key area to watch for the next move.
I am not looking to buy immediately. I want to see a proper liquidity sweep or an After Effect move, followed by a strong bullish candlestick inside the marked reversal zone. If that confirmation appears, it would suggest that buyers have regained control and the market could continue moving toward the upside.
As long as the bullish structure remains intact, I will continue following the main trend instead of trading against it.
Now let's see how the market reacts inside the reversal zone.
MMC Concept | Supply & Demand | Reversal Zone | Liquidity Sweep | After Effect | Candle King Concept
One of the strongest confirmations is that the market has already broken the previous high, showing a clear continuation of the bullish structure rather than a reversal.
After the breakout, price is now pulling back toward a previously identified reversal zone, which aligns with the last supply area. This zone will be the key area to watch for the next move.
I am not looking to buy immediately. I want to see a proper liquidity sweep or an After Effect move, followed by a strong bullish candlestick inside the marked reversal zone. If that confirmation appears, it would suggest that buyers have regained control and the market could continue moving toward the upside.
As long as the bullish structure remains intact, I will continue following the main trend instead of trading against it.
Now let's see how the market reacts inside the reversal zone.
MMC Concept | Supply & Demand | Reversal Zone | Liquidity Sweep | After Effect | Candle King Concept
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.