Technical Analysis Breakdown:
🔹 1. Price Structure:
Strong bullish breakout occurred around 09:00 with a wide-bodied green candle, indicating high buying interest.
Price consolidated in a tight range under resistance (~3,782.996 – 3,784.000), suggesting accumulation or distribution.
Followed by a strong bearish rejection (2 large red candles), confirming a liquidity sweep and rejection from resistance.
🔹 2. Supply & Demand Zones:
Demand Zone: Marked between 3,743.367 and 3,748.000 (highlighted in light blue).
Price previously reacted here and then rallied aggressively—indicating strong buying interest.
Entry Position: Placed slightly above the demand zone, betting on a bounce.
Stop Loss: Below the demand zone (~3,737.837) – to avoid deeper liquidity sweeps.
Take Profit: Near previous resistance/consolidation (~3,759.914).
🔹 3. Candlestick Behavior:
The recent bearish momentum shows a liquidity grab or stop hunt below minor lows before touching the demand zone.
The current candle shows a potential reversal wick, indicating possible buying pressure returning.
🔹 1. Price Structure:
Strong bullish breakout occurred around 09:00 with a wide-bodied green candle, indicating high buying interest.
Price consolidated in a tight range under resistance (~3,782.996 – 3,784.000), suggesting accumulation or distribution.
Followed by a strong bearish rejection (2 large red candles), confirming a liquidity sweep and rejection from resistance.
🔹 2. Supply & Demand Zones:
Demand Zone: Marked between 3,743.367 and 3,748.000 (highlighted in light blue).
Price previously reacted here and then rallied aggressively—indicating strong buying interest.
Entry Position: Placed slightly above the demand zone, betting on a bounce.
Stop Loss: Below the demand zone (~3,737.837) – to avoid deeper liquidity sweeps.
Take Profit: Near previous resistance/consolidation (~3,759.914).
🔹 3. Candlestick Behavior:
The recent bearish momentum shows a liquidity grab or stop hunt below minor lows before touching the demand zone.
The current candle shows a potential reversal wick, indicating possible buying pressure returning.
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
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📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน