Price is currently trading below a key support zone, which previously acted as strong demand.
This level has now turned into resistance (S/R flip).
Key Levels
Resistance: 1.55 – 1.65
Major Resistance: 2.00
Support: 1.20 – 1.25
Downside Target: 0.85 – 0.90
Scenario 1 – Bearish Continuation
As long as price remains below 1.55, the bias stays bearish.
Failure to reclaim this level increases the probability of a move toward 0.85, which aligns with previous demand on the higher timeframe.
Scenario 2 – Bullish Recovery
A clean weekly close above 1.55–1.65 would invalidate the bearish scenario.
In that case, price could rotate back toward 2.00, where heavy resistance is expected.
Conclusion
This is a high-timeframe decision zone.
Patience is key — wait for confirmation instead of anticipating the move.
What do you think: breakdown continuation or reclaim of resistance?
MrC
This level has now turned into resistance (S/R flip).
Key Levels
Resistance: 1.55 – 1.65
Major Resistance: 2.00
Support: 1.20 – 1.25
Downside Target: 0.85 – 0.90
Scenario 1 – Bearish Continuation
As long as price remains below 1.55, the bias stays bearish.
Failure to reclaim this level increases the probability of a move toward 0.85, which aligns with previous demand on the higher timeframe.
Scenario 2 – Bullish Recovery
A clean weekly close above 1.55–1.65 would invalidate the bearish scenario.
In that case, price could rotate back toward 2.00, where heavy resistance is expected.
Conclusion
This is a high-timeframe decision zone.
Patience is key — wait for confirmation instead of anticipating the move.
What do you think: breakdown continuation or reclaim of resistance?
MrC
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.