The Bulls pushed out of the Current Range, showing strength and looking ready to expand higher
But that move did not last long
Price ran straight into resistance and found rejection at the 4H Supply Range, and to be more precise, it was the 12H Inside Bar Order Block that shut it down
That level did exactly what it was supposed to do
Now the Bears are pressing, trying to secure a clean close back inside the Current Range and regain control
But the Bulls are not backing down
They have been putting up a fight, holding their ground and refusing to give this level up easily
Right now it is a straight tug of war
One side trying to break back into the range, the other trying to hold price above it and build continuation
And this is where things get interesting
Because whichever side wins this battle will likely decide which range price accepts next
So the question is simple
Do the Bulls hold the line and push higher, or do the Bears force acceptance back inside and take control
We might not have to wait long to find out
But that move did not last long
Price ran straight into resistance and found rejection at the 4H Supply Range, and to be more precise, it was the 12H Inside Bar Order Block that shut it down
That level did exactly what it was supposed to do
Now the Bears are pressing, trying to secure a clean close back inside the Current Range and regain control
But the Bulls are not backing down
They have been putting up a fight, holding their ground and refusing to give this level up easily
Right now it is a straight tug of war
One side trying to break back into the range, the other trying to hold price above it and build continuation
And this is where things get interesting
Because whichever side wins this battle will likely decide which range price accepts next
So the question is simple
Do the Bulls hold the line and push higher, or do the Bears force acceptance back inside and take control
We might not have to wait long to find out
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.