Price has pushed aggressively to the upside, but the recent slowdown is starting to reveal early signs of distribution. Momentum is fading at the highs, and the current structure suggests that buyers may be losing control in the short term.
The projected path highlights a potential shift where price begins to unwind lower, driven by profit-taking and liquidity grabs. This phase is typically where traders get trapped on both sides, with false continuations before the real move unfolds.
Patience is key here, this isn’t about chasing moves but waiting for the structure to confirm direction. If the downside scenario develops cleanly, it could present high-probability setups across the board.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
The projected path highlights a potential shift where price begins to unwind lower, driven by profit-taking and liquidity grabs. This phase is typically where traders get trapped on both sides, with false continuations before the real move unfolds.
Patience is key here, this isn’t about chasing moves but waiting for the structure to confirm direction. If the downside scenario develops cleanly, it could present high-probability setups across the board.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
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Learn how to trade correctly with We Trade Waves. Wave analysis, psychology & mentorship that works! 🌍 45K+ YouTube subs, 600+ 5⭐ reviews
Don’t waste more time and money
Join WTW Pro Now 👉 wetradewaves.com
WTW Team
Don’t waste more time and money
Join WTW Pro Now 👉 wetradewaves.com
WTW Team
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.