Method: 1H chart using impulse/correction and BOS (break of structure).
Vertical line: Marks the new weekly candle open — Sunday 19:00 EST (UTC−5) = Monday 00:00 UTC.
Recap with prices
Early week (Mon–Tue) — Bullish: Clean impulse up from ~101k into ~106–107k. We printed BOS up through prior 1H highs around ~103–104k, and pullbacks were shallow.
Midweek turn (Wed) — Bear flip: Distribution near ~106–107k, then first clear BOS down when the 1H swing low around ~104k broke. Follow‑through sold it to ~101k, and the bounce back toward ~103k set a lower high.
Trend phase (Thu) — Bear continuation: Step‑down impulses ~101k → ~99k → ~97k. Each bounce was a correction that failed to take out the prior lower high.
Late week (Fri) — Extension + corrective bounce: New lows into ~94.5–95k, then a rebound to ~96–97k that did not break the latest 1H lower high (upper‑90ks), so no BOS up.
Takeaways
Start of the week: bullish structure into ~106–107k.
The switch: BOS down on the break of ~104k turned the bias bearish.
After that: clear impulse‑down, correction‑up rhythm into the close; Friday’s bounce stayed corrective.
Bias into next week
Bearish while 1H structure keeps making lower highs/lows (no BOS up).
I’ll only lean bullish again after a true BOS up (break of the most recent 1H lower high) followed by an impulse up and a shallow correction that holds.
Vertical line: Marks the new weekly candle open — Sunday 19:00 EST (UTC−5) = Monday 00:00 UTC.
Recap with prices
Early week (Mon–Tue) — Bullish: Clean impulse up from ~101k into ~106–107k. We printed BOS up through prior 1H highs around ~103–104k, and pullbacks were shallow.
Midweek turn (Wed) — Bear flip: Distribution near ~106–107k, then first clear BOS down when the 1H swing low around ~104k broke. Follow‑through sold it to ~101k, and the bounce back toward ~103k set a lower high.
Trend phase (Thu) — Bear continuation: Step‑down impulses ~101k → ~99k → ~97k. Each bounce was a correction that failed to take out the prior lower high.
Late week (Fri) — Extension + corrective bounce: New lows into ~94.5–95k, then a rebound to ~96–97k that did not break the latest 1H lower high (upper‑90ks), so no BOS up.
Takeaways
Start of the week: bullish structure into ~106–107k.
The switch: BOS down on the break of ~104k turned the bias bearish.
After that: clear impulse‑down, correction‑up rhythm into the close; Friday’s bounce stayed corrective.
Bias into next week
Bearish while 1H structure keeps making lower highs/lows (no BOS up).
I’ll only lean bullish again after a true BOS up (break of the most recent 1H lower high) followed by an impulse up and a shallow correction that holds.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.