Price just broke the previous ATH (3,578) and is in new price discovery. Momentum is bullish, but there are key imbalances below that could attract price before continuation.
๐ Key Levels
ATH (3,578) โ breakout level to watch
1H FVG (3,565โ3,575) โ short-term support zone
4H + 8H FVG stack (3,515โ3,535) โ deeper liquidity target
Immediate resistance โ 3,610โ3,620 zone
โ๏ธ Scenarios for Wednesday
1๏ธโฃ Bullish Continuation (primary bias)
If ATH (3,578) holds โ look for continuation into 3,610โ3,620+
1H FVG may provide a bounce if tested
2๏ธโฃ Deeper Pullback (secondary bias)
Failure to hold ATH โ watch for a drop into 3,515โ3,535 (4H/8H FVGs) before bullish continuation
โ Trade Plan Idea
Continuation play:
Buy on ATH retest / 1H FVG bounce (3,575 zone) โ target 3,610โ3,620+
Deeper retrace play:
If ATH breaks clean โ wait for price inside 3,515โ3,535 zone โ look for reversal confirmation long
๐ Notes
Momentum = bullish until proven otherwise
Donโt chase โ wait for either ATH defense or clean retrace into imbalances
Manage risk โ this is price discovery, expect volatility
๐ Whatโs your bias here? Do you see price holding ATH for continuation, or do you think we dip first into the deeper FVGs?
๐ Key Levels
ATH (3,578) โ breakout level to watch
1H FVG (3,565โ3,575) โ short-term support zone
4H + 8H FVG stack (3,515โ3,535) โ deeper liquidity target
Immediate resistance โ 3,610โ3,620 zone
โ๏ธ Scenarios for Wednesday
1๏ธโฃ Bullish Continuation (primary bias)
If ATH (3,578) holds โ look for continuation into 3,610โ3,620+
1H FVG may provide a bounce if tested
2๏ธโฃ Deeper Pullback (secondary bias)
Failure to hold ATH โ watch for a drop into 3,515โ3,535 (4H/8H FVGs) before bullish continuation
โ Trade Plan Idea
Continuation play:
Buy on ATH retest / 1H FVG bounce (3,575 zone) โ target 3,610โ3,620+
Deeper retrace play:
If ATH breaks clean โ wait for price inside 3,515โ3,535 zone โ look for reversal confirmation long
๐ Notes
Momentum = bullish until proven otherwise
Donโt chase โ wait for either ATH defense or clean retrace into imbalances
Manage risk โ this is price discovery, expect volatility
๐ Whatโs your bias here? Do you see price holding ATH for continuation, or do you think we dip first into the deeper FVGs?
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.