Price remains inside a broader range after the strong rejection from the 6990–7010 supply zone.
We saw:
• Liquidity sweep below 6780
• Strong reaction
• Internal structure shift (CHoCH)
• Gradual recovery toward 6900–6920
Currently, price is compressing just below 6920 — a key intraday liquidity level.
EMA is slightly downward sloping, and we do not yet have a strong 4H BOS above the recent highs.
This keeps the market in equilibrium.
🔵 Bullish Case
If price:
• Breaks and closes above 6915–6920
• Shows displacement
• Holds above EMA
Then continuation toward 6970–7000 supply becomes likely.
🔴 Bearish Case
If we see rejection from 6915–6920:
Then rotation back into range is likely toward:
• 6860
• 6840
• 6815
• Possibly 6780 liquidity
🎯 Conclusion
Market is compressing mid-range.
6920 is the decision point.
Break above → expansion.
Rejection → range rotation.
Structure first. Liquidity always.
We saw:
• Liquidity sweep below 6780
• Strong reaction
• Internal structure shift (CHoCH)
• Gradual recovery toward 6900–6920
Currently, price is compressing just below 6920 — a key intraday liquidity level.
EMA is slightly downward sloping, and we do not yet have a strong 4H BOS above the recent highs.
This keeps the market in equilibrium.
🔵 Bullish Case
If price:
• Breaks and closes above 6915–6920
• Shows displacement
• Holds above EMA
Then continuation toward 6970–7000 supply becomes likely.
🔴 Bearish Case
If we see rejection from 6915–6920:
Then rotation back into range is likely toward:
• 6860
• 6840
• 6815
• Possibly 6780 liquidity
🎯 Conclusion
Market is compressing mid-range.
6920 is the decision point.
Break above → expansion.
Rejection → range rotation.
Structure first. Liquidity always.
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.