Higher timeframe structure remains bearish
Price continues to trade below a key resistance after a clear rejection
Previous support has flipped into resistance
→ R/S flip is holding, keeping downside pressure intact
Recent downside move fully filled the lower wick
This indicates liquidity has been taken and short-term relief is possible
On the lower timeframe, a Market Structure Shift (MSS) has formed
→ This suggests a potential corrective move
As long as price remains below HTF resistance, any bounce should be treated as reactive
Bullish continuation only becomes valid after a reclaim and hold
Level-to-level market
Wait for confirmation, not anticipation
Do you expect a corrective bounce or continuation to new lows from here?
Should I break this down on the lower timeframe?
MrC
Price continues to trade below a key resistance after a clear rejection
Previous support has flipped into resistance
→ R/S flip is holding, keeping downside pressure intact
Recent downside move fully filled the lower wick
This indicates liquidity has been taken and short-term relief is possible
On the lower timeframe, a Market Structure Shift (MSS) has formed
→ This suggests a potential corrective move
As long as price remains below HTF resistance, any bounce should be treated as reactive
Bullish continuation only becomes valid after a reclaim and hold
Level-to-level market
Wait for confirmation, not anticipation
Do you expect a corrective bounce or continuation to new lows from here?
Should I break this down on the lower timeframe?
MrC
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.