1. Market Structure Shifts & Channel Construction
The Reversal Foundation (ChoCh & BoS): Following a steep drop to the $59,000 floor on June 5th, price executed a CHoCH (Change of Character) followed by consecutive BoS (Break of Structure) markers to the upside. This confirmed that the short-term trend completely flipped from bearish to bullish.
The Ascending Channel: Price has been steadily climbing within an upward-sloping channel (demarcated by the solid trendlines and dashed mid-line). While retail traders view this channel as a simple bullish trend, institutional algorithms see it as a mechanism for engineering liquidity on both sides of the boundaries.
2. The Institutional Point of Interest (POI)
4HR FVG Demand Target: A high-probability institutional demand zone, identified as a 4HR FVG (Fair Value Gap), sits perfectly at the base of the current trading range (around the $61,000 – $61,500 area).
The Trapping Pathway: The black zig-zag line outlines the expected manipulation path. Before price can rocket higher, it is projected to break down out of the ascending channel. This drop serves to fake out trendline retail traders into shorting, while simultaneously purging early buyer stops. The move is expected to bottom out cleanly right inside the 4HR FVG.
3. The Execution & Upside Target
The Entry Zone: The ideal long entry is triggered when price dips to mitigate the top half of the 4HR FVG inside the green long-tool rectangle.
Target 65,000: Once the institutional buy orders are filled, price is expected to sharply reverse and undergo a massive expansion leg. The destination is Target 65,000 (with a precise structural line marked at 65,016), which points straight to a premium 4HR ORDER BLOCK overhead.
Current State: The live price is sitting at 62,616 with 23 minutes and 8 seconds left on the 30-minute candle, actively consolidating near the top of the channel before the expected correction occurs.
The Reversal Foundation (ChoCh & BoS): Following a steep drop to the $59,000 floor on June 5th, price executed a CHoCH (Change of Character) followed by consecutive BoS (Break of Structure) markers to the upside. This confirmed that the short-term trend completely flipped from bearish to bullish.
The Ascending Channel: Price has been steadily climbing within an upward-sloping channel (demarcated by the solid trendlines and dashed mid-line). While retail traders view this channel as a simple bullish trend, institutional algorithms see it as a mechanism for engineering liquidity on both sides of the boundaries.
2. The Institutional Point of Interest (POI)
4HR FVG Demand Target: A high-probability institutional demand zone, identified as a 4HR FVG (Fair Value Gap), sits perfectly at the base of the current trading range (around the $61,000 – $61,500 area).
The Trapping Pathway: The black zig-zag line outlines the expected manipulation path. Before price can rocket higher, it is projected to break down out of the ascending channel. This drop serves to fake out trendline retail traders into shorting, while simultaneously purging early buyer stops. The move is expected to bottom out cleanly right inside the 4HR FVG.
3. The Execution & Upside Target
The Entry Zone: The ideal long entry is triggered when price dips to mitigate the top half of the 4HR FVG inside the green long-tool rectangle.
Target 65,000: Once the institutional buy orders are filled, price is expected to sharply reverse and undergo a massive expansion leg. The destination is Target 65,000 (with a precise structural line marked at 65,016), which points straight to a premium 4HR ORDER BLOCK overhead.
Current State: The live price is sitting at 62,616 with 23 minutes and 8 seconds left on the 30-minute candle, actively consolidating near the top of the channel before the expected correction occurs.
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t.me/PrimeStrike_Xauusd
Technical and Fundamental analysis
Risk management tips to protect your capital
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Daily Forex signals with High Accuracy
🔗 Telegram Channel
t.me/PrimeStrike_Xauusd
Technical and Fundamental analysis
Risk management tips to protect your capital
join now and Start profit
📩 DM On Telegram → @PrimeStrike_Xauusd
🔗 Telegram Channel
t.me/PrimeStrike_Xauusd
Technical and Fundamental analysis
Risk management tips to protect your capital
join now and Start profit
📩 DM On Telegram → @PrimeStrike_Xauusd
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.