📉 Market Structure
Price is moving inside a descending channel, which confirms a bearish overall trend.
Each rally is making lower highs, showing sellers are in control.
The recent push up is corrective, not impulsive → typical of a downtrend.
---
📐 Key Technical Zones
🔴 Resistance (Sell Zone)
Price is currently testing the upper trendline of the descending channel.
There is a horizontal resistance aligning with this trendline → strong confluence.
Multiple rejections from this area in the past = high-probability sell zone.
🟢 Support / Liquidity Zones
First downside target: previous range low (local support).
Main liquidity zone marked below → sell-side liquidity resting there.
Strong impulse move previously left imbalance, likely to be filled.
---
🔻 Pattern Insight
Price formed a rising wedge / corrective structure inside a bearish channel.
This is a classic bearish continuation pattern.
The arrow and SELL marking indicate rejection confirmation, not anticipation.
---
🧠 Smart Money Concept (SMC View)
Break in minor bullish structure → Change of Character (ChoCH).
Price tapped premium zone of the range.
Institutions likely distributing before pushing price lower.
---
✅ Trade Idea (Example – Not Financial Advice)
Bias: SELL
Entry: Rejection / bearish candle at resistance
Stop Loss: Above channel high
Targets:
TP1: Range low
TP2: Liquidity zone
TP3: Extended imbalance fill
Price is moving inside a descending channel, which confirms a bearish overall trend.
Each rally is making lower highs, showing sellers are in control.
The recent push up is corrective, not impulsive → typical of a downtrend.
---
📐 Key Technical Zones
🔴 Resistance (Sell Zone)
Price is currently testing the upper trendline of the descending channel.
There is a horizontal resistance aligning with this trendline → strong confluence.
Multiple rejections from this area in the past = high-probability sell zone.
🟢 Support / Liquidity Zones
First downside target: previous range low (local support).
Main liquidity zone marked below → sell-side liquidity resting there.
Strong impulse move previously left imbalance, likely to be filled.
---
🔻 Pattern Insight
Price formed a rising wedge / corrective structure inside a bearish channel.
This is a classic bearish continuation pattern.
The arrow and SELL marking indicate rejection confirmation, not anticipation.
---
🧠 Smart Money Concept (SMC View)
Break in minor bullish structure → Change of Character (ChoCH).
Price tapped premium zone of the range.
Institutions likely distributing before pushing price lower.
---
✅ Trade Idea (Example – Not Financial Advice)
Bias: SELL
Entry: Rejection / bearish candle at resistance
Stop Loss: Above channel high
Targets:
TP1: Range low
TP2: Liquidity zone
TP3: Extended imbalance fill
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Join our Telegram channel for 3–5 daily Gold signals and professional market.
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Join our Telegram channel for 3–5 daily Gold signals and professional market.
t.me/+QSOT9N_4BxVjZGNk
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน