๐ CHAMBLFERT 1H Chart Analysis โ Potential Breakdown Ahead
๐ Date: 7th June 2025
๐ Current Trend: Bearish continuation forming
โธป
๐ Key Observations:
โข ๐ Price: โน539.90
โข ๐ป Recent Drop: -2.27% today
โข ๐ฉ 1H FVG (Fair Value Gap): Indicates minor supply; price struggling to reclaim
โข ๐ฅ 30M FVG Above: Larger supply zone near โน569.55, likely to act as strong resistance
๐ Bias:
Market structure shows weakness. If the price fails to reclaim the 1H FVG, further downside is likely.
๐ฝ Next potential targets: โน525 โ โน510
๐ Upside Possibility?
Only if price reclaims โน550+ and sustains above the 30M FVG zone, else sellers likely remain in control.
๐ง Strategy:
Consider short on retest of 1H FVG with SL above โน550
Targeting downside levels as per risk-reward plan
๐ Disclaimer: This is a personal analysis, not financial advice. Do your own research before trading.
๐ Date: 7th June 2025
๐ Current Trend: Bearish continuation forming
โธป
๐ Key Observations:
โข ๐ Price: โน539.90
โข ๐ป Recent Drop: -2.27% today
โข ๐ฉ 1H FVG (Fair Value Gap): Indicates minor supply; price struggling to reclaim
โข ๐ฅ 30M FVG Above: Larger supply zone near โน569.55, likely to act as strong resistance
๐ Bias:
Market structure shows weakness. If the price fails to reclaim the 1H FVG, further downside is likely.
๐ฝ Next potential targets: โน525 โ โน510
๐ Upside Possibility?
Only if price reclaims โน550+ and sustains above the 30M FVG zone, else sellers likely remain in control.
๐ง Strategy:
Consider short on retest of 1H FVG with SL above โน550
Targeting downside levels as per risk-reward plan
๐ Disclaimer: This is a personal analysis, not financial advice. Do your own research before trading.
Disclaimer
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.
Disclaimer
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.