Asia gave a fake pump, the price came up to the VAH. I’m expecting a lower low — targets are still further down.
Trade active
OBV, MACD, RSI, MOM, and CMF all lighting up right at the top — this often signals weakening momentum or bearish divergence.Price tapped into that Equilibrium area (from a higher timeframe range), often a place where smart money flips positions or closes longs.
We see price entered the Premium area (above 0.5 of the fib range), tapped near PDH (Previous Day High), and began rejecting.
FVG above was filled and we saw immediate rejection — classic SMC bearish reaction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.