📉 Price has broken down decisively from a rising wedge while trading inside the 0.5 - 0.618 Golden Pocket retracement zone, and that too with strong volume, increasing the probability of a deeper correction.
🎯 Bearish Points:
📉 Golden Pocket: $244 - $264
📉 Rising Wedge Breakdown
📉 Supported by huge volume
✅ Targets:
🎯 First major support/ Target: $160 - $167
📊 Extended Bearish Scenario
⚠️ Break below $160-$167 opens the door for a move toward sub-$100 levels
📉 That would represent a decline of more than 60% from the recent swing high around 255
❌ Bearish Invalidation
Strong daily/weekly reclaim above $255. A breakout back into the wedge structure would weaken the current bearish outlook
👀 For now, all eyes are on the $160-$167 EMA200 confluence zone. How price reacts there will likely determine whether this becomes a normal pullback or the start of a much larger correction.
🎯 Bearish Points:
📉 Golden Pocket: $244 - $264
📉 Rising Wedge Breakdown
📉 Supported by huge volume
✅ Targets:
🎯 First major support/ Target: $160 - $167
📊 Extended Bearish Scenario
⚠️ Break below $160-$167 opens the door for a move toward sub-$100 levels
📉 That would represent a decline of more than 60% from the recent swing high around 255
❌ Bearish Invalidation
Strong daily/weekly reclaim above $255. A breakout back into the wedge structure would weaken the current bearish outlook
👀 For now, all eyes are on the $160-$167 EMA200 confluence zone. How price reacts there will likely determine whether this becomes a normal pullback or the start of a much larger correction.
トレード稼働中
here is the extremely low risk entry for a short trade.📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
