Daily Analysis and Reaction Locations [2026-07-16]

237
Previous session violated the internal high — could be an early indication for continuation higher. But given the broader market context, this could also just be a liquidation event. Right now, that leaves an unresolved range without a confirmed direction.

There's a reference below the previous day low I'm watching. As long as that holds, I'm leaning up for the session.

Still two-sided — no confirmed direction yet.

Grab the chart or zoom out on the preview to see all zones.

Trade Idea

Taking the pre-market push higher, targeting the POC — that's anchored to the new internal low, which hasn't confirmed yet either. Once price reaches the POC, I'm watching for confirmation that price wants to turn lower before considering anything on that side.

Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
Emir iptal
Pre-market pushed deeper than expected and didn't provide confirmation for the long entry — which ended up being the saving line. I'll be back at the charts Monday. The algorithmic reaction zone was reached and did provide a reaction, but the volume profiles still point toward lower prices, and price has good potential to dive deeper into the zone, potentially violating or breaking the internal low.

Trying to catch something instead of waiting for confirmation is the way to damage an account.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.