Published: June 3, 2025 @ 10:22 PST
🔍 Observations:
🔺 Price Context:
Currently trading at 5,982, right inside the premium + weak high zone
1.382 Fib extension = 5,979.73 has just been tagged
Next Fib levels:
1.618 = 6,000.33
2.0 = 6,034.13 (also long-term resistance target)
🧠 SMC & Liquidity:
BOS confirmed around 5,927
Multiple ChoCHs now invalidated = strength in the up move
Weak high at 5,980 likely acted as a liquidity magnet → now filled
📉 Risk Alert:
Low volume on the final leg up = signs of exhaustion
Price is now above key liquidity zones — perfect for a fake-out or reversal
🔁 Updated Probabilities (Intraday Outlook)
Direction Probability Reason
Bearish Reversal (today) 65% Liquidity sweep + premium zone rejection + volume divergence
Bullish Continuation (toward 6,034) 35% Momentum intact, if breakout holds and is supported by volume spike
🧠 Analyst Note:
"This was the right view, can’t believe I missed it."
— This quote fits perfectly here. The 5,902 zone (equilibrium) acted exactly as intended: a launchpad. Missing the move isn’t the problem — it’s not learning from it that is.
🔍 Observations:
🔺 Price Context:
Currently trading at 5,982, right inside the premium + weak high zone
1.382 Fib extension = 5,979.73 has just been tagged
Next Fib levels:
1.618 = 6,000.33
2.0 = 6,034.13 (also long-term resistance target)
🧠 SMC & Liquidity:
BOS confirmed around 5,927
Multiple ChoCHs now invalidated = strength in the up move
Weak high at 5,980 likely acted as a liquidity magnet → now filled
📉 Risk Alert:
Low volume on the final leg up = signs of exhaustion
Price is now above key liquidity zones — perfect for a fake-out or reversal
🔁 Updated Probabilities (Intraday Outlook)
Direction Probability Reason
Bearish Reversal (today) 65% Liquidity sweep + premium zone rejection + volume divergence
Bullish Continuation (toward 6,034) 35% Momentum intact, if breakout holds and is supported by volume spike
🧠 Analyst Note:
"This was the right view, can’t believe I missed it."
— This quote fits perfectly here. The 5,902 zone (equilibrium) acted exactly as intended: a launchpad. Missing the move isn’t the problem — it’s not learning from it that is.
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.