Please like my idea if you agree with my analysis, share it if you believe the same, and comment for your thoughts or questions. I appreciate you all.
Observation
1) Market in a downtrend since September 27th, 2021.
2) Previous market low violated.
3) Measurable selling pressure at the break of structure.
4) Current break of structure (previous market low) still being retested.
5) Bearish momentum candles which represent smart money attempts to make the price reach lower, theoretically.
Conclusion
The market is still in a downtrend as we can obviously see the bearish order flow.Now in opinion look for short opportunities. A good rejection at the current zone would represent a sell signal, with two possible next targets as marked on the chart. This is all based on my opinion and my personal analysis.
Observation
1) Market in a downtrend since September 27th, 2021.
2) Previous market low violated.
3) Measurable selling pressure at the break of structure.
4) Current break of structure (previous market low) still being retested.
5) Bearish momentum candles which represent smart money attempts to make the price reach lower, theoretically.
Conclusion
The market is still in a downtrend as we can obviously see the bearish order flow.Now in opinion look for short opportunities. A good rejection at the current zone would represent a sell signal, with two possible next targets as marked on the chart. This is all based on my opinion and my personal analysis.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.