Weekly:
Price took out old swing low after a lower low was printed — confirming bearish intent.
However, price is now inside a new HTF support zone.
MACD remains bearish, signaling potential continuation lower, but watch for possible slowdown or divergence signs in this zone.
Daily:
Structure is firmly bearish — lower low confirmed.
MACD bearish and showing momentum strength — favors continuation lower unless lower timeframes suggest a deeper correction.
4H:
Bearish convergence confirmed — price action aligns with HTF bearish bias.
However, current price action is corrective/bullish — likely a pullback within a bearish trend.
MACD still bearish but weakening — signals caution for late shorts, or potential for deeper retracement.
1H:
Monday's failure to make a new low overnight hinted early market structure shift — bullish correction in play.
MACD turned bullish into Friday's POC, and price rallied into 4H bearish imbalance above it.
Currently:
1H hidden bearish convergence developing — early sign correction may exhaust.
MACD weakening — signals reduced bullish momentum.
Key overnight scenarios:
Consolidation near current highs (distribution?)
Continuation of bullish correction into deeper supply
Bearish continuation if sellers step in aggressively from imbalance zone
Price took out old swing low after a lower low was printed — confirming bearish intent.
However, price is now inside a new HTF support zone.
MACD remains bearish, signaling potential continuation lower, but watch for possible slowdown or divergence signs in this zone.
Daily:
Structure is firmly bearish — lower low confirmed.
MACD bearish and showing momentum strength — favors continuation lower unless lower timeframes suggest a deeper correction.
4H:
Bearish convergence confirmed — price action aligns with HTF bearish bias.
However, current price action is corrective/bullish — likely a pullback within a bearish trend.
MACD still bearish but weakening — signals caution for late shorts, or potential for deeper retracement.
1H:
Monday's failure to make a new low overnight hinted early market structure shift — bullish correction in play.
MACD turned bullish into Friday's POC, and price rallied into 4H bearish imbalance above it.
Currently:
1H hidden bearish convergence developing — early sign correction may exhaust.
MACD weakening — signals reduced bullish momentum.
Key overnight scenarios:
Consolidation near current highs (distribution?)
Continuation of bullish correction into deeper supply
Bearish continuation if sellers step in aggressively from imbalance zone
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.
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.