Weekly:
Price took out old swing low after a lower low was printed — confirming bearish intent.
However, price is now inside a new HTF support zone.
MACD remains bearish, signaling potential continuation lower, but watch for possible slowdown or divergence signs in this zone.
Daily:
Structure is firmly bearish — lower low confirmed.
MACD bearish and showing momentum strength — favors continuation lower unless lower timeframes suggest a deeper correction.
4H:
Bearish convergence confirmed — price action aligns with HTF bearish bias.
However, current price action is corrective/bullish — likely a pullback within a bearish trend.
MACD still bearish but weakening — signals caution for late shorts, or potential for deeper retracement.
1H:
Monday's failure to make a new low overnight hinted early market structure shift — bullish correction in play.
MACD turned bullish into Friday's POC, and price rallied into 4H bearish imbalance above it.
Currently:
1H hidden bearish convergence developing — early sign correction may exhaust.
MACD weakening — signals reduced bullish momentum.
Key overnight scenarios:
Consolidation near current highs (distribution?)
Continuation of bullish correction into deeper supply
Bearish continuation if sellers step in aggressively from imbalance zone
Price took out old swing low after a lower low was printed — confirming bearish intent.
However, price is now inside a new HTF support zone.
MACD remains bearish, signaling potential continuation lower, but watch for possible slowdown or divergence signs in this zone.
Daily:
Structure is firmly bearish — lower low confirmed.
MACD bearish and showing momentum strength — favors continuation lower unless lower timeframes suggest a deeper correction.
4H:
Bearish convergence confirmed — price action aligns with HTF bearish bias.
However, current price action is corrective/bullish — likely a pullback within a bearish trend.
MACD still bearish but weakening — signals caution for late shorts, or potential for deeper retracement.
1H:
Monday's failure to make a new low overnight hinted early market structure shift — bullish correction in play.
MACD turned bullish into Friday's POC, and price rallied into 4H bearish imbalance above it.
Currently:
1H hidden bearish convergence developing — early sign correction may exhaust.
MACD weakening — signals reduced bullish momentum.
Key overnight scenarios:
Consolidation near current highs (distribution?)
Continuation of bullish correction into deeper supply
Bearish continuation if sellers step in aggressively from imbalance zone
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.
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.