Price is still trading inside a range after a strong sell-off.
Market shows indecision, but structure is holding for now.
This trade is already active, based on confluence with the Total Market Cap analysis.
Market conditions align with a potential relief move, as long as structure holds.
Technical View
* Price is reacting around a key support zone
* Multiple rejections from range lows
* Break above range highs could confirm continuation
* Loss of support would invalidate the setup
Do you expect continuation from this range or a breakdown first?
MrC
Market shows indecision, but structure is holding for now.
This trade is already active, based on confluence with the Total Market Cap analysis.
Market conditions align with a potential relief move, as long as structure holds.
Technical View
* Price is reacting around a key support zone
* Multiple rejections from range lows
* Break above range highs could confirm continuation
* Loss of support would invalidate the setup
Do you expect continuation from this range or a breakdown first?
MrC
Note
No change in plan. still holding. Trade closed manually
Closing all postionts due the US attack
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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.
Related publications
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.