After the strong impulse move up, price has now retraced and filled all imbalance (FVG) zones created during the rally.
This usually means the market finished correcting inefficient price action and is moving back into equilibrium.
Current situation
Major support: ~1.20 – 1.30
All bullish FVGs below price → filled
Momentum cooled down after distribution at highs
What this means
With imbalances cleared, the chart is no longer in a forced correction phase.
Now the level itself matters:
If support holds → accumulation range likely
If support breaks → continuation of the macro downtrend
Simple plan
Hold above 1.20 → base formation possible → recovery when market strength returns
Lose 1.20 → next liquidity sits lower → bearish continuation
First bullish confirmation → reclaim prior breakdown area (~1.60 zone)
Right now this is a reaction zone, not yet a reversal.
Do you expect buyers to defend this level or will liquidity below get taken first?
MrC
This usually means the market finished correcting inefficient price action and is moving back into equilibrium.
Current situation
Major support: ~1.20 – 1.30
All bullish FVGs below price → filled
Momentum cooled down after distribution at highs
What this means
With imbalances cleared, the chart is no longer in a forced correction phase.
Now the level itself matters:
If support holds → accumulation range likely
If support breaks → continuation of the macro downtrend
Simple plan
Hold above 1.20 → base formation possible → recovery when market strength returns
Lose 1.20 → next liquidity sits lower → bearish continuation
First bullish confirmation → reclaim prior breakdown area (~1.60 zone)
Right now this is a reaction zone, not yet a reversal.
Do you expect buyers to defend this level or will liquidity below get taken first?
MrC
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.