Observation: Price tapped into 4H supply / bearish FVG (75–76K) and got rejected, price above previous week high was not accepted. Price retraced after second expansion leg from 66k-76k.
Key Levels:
74K → Rejection / failed breakout
71K–70K → Reaction zone
69.9K (EQ / 50% Fib) → Decision level
Key Levels:
74K → Rejection / failed breakout
71K–70K → Reaction zone
69.9K (EQ / 50% Fib) → Decision level
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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.