Scenario 1 (yellow line): Strategic Pullback to Value Zone
Price retraces to the ~$0.67 region, aligning with a Low Volume Node (LVN) and the Fair Value Gap from the June candle. A bullish reversal candle in this zone would signal a high-probability long setup, suggesting accumulation at a key structural level.
Scenario 2 (green line): Breakout & Reaccumulation Above Resistance
The most bullish scenario unfolds if price decisively breaks and closes above the major resistance at $1.50. A successful reaccumulation above this level would confirm strength, offering a textbook pullback entry for continuation higher.
Scenario 3: (red line) Rejection & Macro Lower High
Price pulls back but fails to hold above the ~$1.16 zone, facing rejection. A subsequent break of the recent lows would confirm a macro lower high (LH), shifting the bias toward bearish continuation and invalidating bullish setups.
Price retraces to the ~$0.67 region, aligning with a Low Volume Node (LVN) and the Fair Value Gap from the June candle. A bullish reversal candle in this zone would signal a high-probability long setup, suggesting accumulation at a key structural level.
Scenario 2 (green line): Breakout & Reaccumulation Above Resistance
The most bullish scenario unfolds if price decisively breaks and closes above the major resistance at $1.50. A successful reaccumulation above this level would confirm strength, offering a textbook pullback entry for continuation higher.
Scenario 3: (red line) Rejection & Macro Lower High
Price pulls back but fails to hold above the ~$1.16 zone, facing rejection. A subsequent break of the recent lows would confirm a macro lower high (LH), shifting the bias toward bearish continuation and invalidating bullish setups.
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.