Price is currently trading above the Core Level (24,608.75) and above the Upper Deviation (24,627.00), positioning the market in an intraday expansion phase.
ACTIVE LEVELS:
Upper Deviation: 24,627.00
Core Level: 24,608.75
Lower Deviation: 24,589.75
UNTESTED STRUCTURAL LEVELS:
Pending Core 16/02: 24,863.00
Pending Core 13/02: 24,943.50
As long as price maintains acceptance above the Upper Deviation, continuation toward higher liquidity remains favored. The first structural magnet stands at 24,863.00, followed by 24,943.50 in case of sustained strength.
If price loses acceptance above 24,627 and rotates back inside the structure, a retracement toward the Core becomes probable. A sustained break below Core would expose the Lower Deviation at 24,589.75.
Structure defines bias. Reaction defines execution.
ACTIVE LEVELS:
Upper Deviation: 24,627.00
Core Level: 24,608.75
Lower Deviation: 24,589.75
UNTESTED STRUCTURAL LEVELS:
Pending Core 16/02: 24,863.00
Pending Core 13/02: 24,943.50
As long as price maintains acceptance above the Upper Deviation, continuation toward higher liquidity remains favored. The first structural magnet stands at 24,863.00, followed by 24,943.50 in case of sustained strength.
If price loses acceptance above 24,627 and rotates back inside the structure, a retracement toward the Core becomes probable. A sustained break below Core would expose the Lower Deviation at 24,589.75.
Structure defines bias. Reaction defines execution.
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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.