Market Sentiment: Strongly Bullish
1. Structural Shift (The Macro View)
Initially, the price action suggested a potential Head and Shoulders reversal. However, the market "trapped" early sellers by holding the ascending support line (Bullish Trend). The recent high-volume move has successfully achieved a BOS (Break of Structure) above the previous supply zone, confirming that the bulls are in full control.
2. Key Support & Demand Zones
H4-FVG (Fair Value Gap): This is our primary area of interest. Large institutional moves often leave these imbalances behind. If the price retraces, expect buyers to step in between $4,725 and $4,775.
Extreme Pivot Point: Located at $4,675, this remains the "floor" for the current trend. As long as we trade above this, the bias is strictly long.
3. Indicators & Price Action
POI Points: The chart shows a series of successful tests at Point of Interests (POI), indicating consistent demand.
CH OCH & MSS: The Change of Character and Market Structure Shift confirm that the previous corrective phase is over.
4. The Trade Plan
Immediate Bias: Bullish.
Entry Strategy: Look for a "retest and go" at the top of the H4-FVG or the current red resistance zone turned support (~$4,800).
Targets: The primary target is the liquidity pool sitting at $4,860, marked by the blue expansion arrows.
1. Structural Shift (The Macro View)
Initially, the price action suggested a potential Head and Shoulders reversal. However, the market "trapped" early sellers by holding the ascending support line (Bullish Trend). The recent high-volume move has successfully achieved a BOS (Break of Structure) above the previous supply zone, confirming that the bulls are in full control.
2. Key Support & Demand Zones
H4-FVG (Fair Value Gap): This is our primary area of interest. Large institutional moves often leave these imbalances behind. If the price retraces, expect buyers to step in between $4,725 and $4,775.
Extreme Pivot Point: Located at $4,675, this remains the "floor" for the current trend. As long as we trade above this, the bias is strictly long.
3. Indicators & Price Action
POI Points: The chart shows a series of successful tests at Point of Interests (POI), indicating consistent demand.
CH OCH & MSS: The Change of Character and Market Structure Shift confirm that the previous corrective phase is over.
4. The Trade Plan
Immediate Bias: Bullish.
Entry Strategy: Look for a "retest and go" at the top of the H4-FVG or the current red resistance zone turned support (~$4,800).
Targets: The primary target is the liquidity pool sitting at $4,860, marked by the blue expansion arrows.
Trade active
Join our Free Daily Signals Channel – Targeting 500+ Pips!
Join: t.me/TechnicalPipssSignal20
We share high-quality trading setups every day to help you stay ahead in the market.
Telegram: t.me/TechnicalPipssSignal20
Join: t.me/TechnicalPipssSignal20
We share high-quality trading setups every day to help you stay ahead in the market.
Telegram: t.me/TechnicalPipssSignal20
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.
Join our Free Daily Signals Channel – Targeting 500+ Pips!
Join: t.me/TechnicalPipssSignal20
We share high-quality trading setups every day to help you stay ahead in the market.
Telegram: t.me/TechnicalPipssSignal20
Join: t.me/TechnicalPipssSignal20
We share high-quality trading setups every day to help you stay ahead in the market.
Telegram: t.me/TechnicalPipssSignal20
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.