Despite the current bearish setup and identified selling zone near the 3,355–3,360 resistance range, price action has shown higher lows forming since July, and support around the 3,300–3,310 region remains strong.
📊 Key Disruption Points:
• Double Top Reversal Doubts: The second peak near resistance hasn’t broken structure aggressively; buyers may still be in control.
• Support Confirmation: Price may test support near 3,310 but find strong bullish demand there.
• Potential Fakeout: The proposed drop might be a fakeout before a reversal rally toward 3,380–3,400.
• Bullish Bias Trigger: A strong 4H close above 3,360 will invalidate the selling zone, opening the door toward 3,400–3,420.
📈 Alternative Scenario
🔹 If price holds above 3,320, expect consolidation and a possible breakout above resistance.
🔹 Short-term pullbacks could be buying opportunities, especially above the rising trendline support shown.
✨ Disrupted Trading Plan:
• Buy Area: 3,310–3,320 (support zone bounce)
• Bullish Target 1: 3,360 (resistance re-test)
• Bullish Target 2: 3,400–3,420 (if breakout confirmed)
• Invalidation: Daily close below 3,290
📊 Key Disruption Points:
• Double Top Reversal Doubts: The second peak near resistance hasn’t broken structure aggressively; buyers may still be in control.
• Support Confirmation: Price may test support near 3,310 but find strong bullish demand there.
• Potential Fakeout: The proposed drop might be a fakeout before a reversal rally toward 3,380–3,400.
• Bullish Bias Trigger: A strong 4H close above 3,360 will invalidate the selling zone, opening the door toward 3,400–3,420.
📈 Alternative Scenario
🔹 If price holds above 3,320, expect consolidation and a possible breakout above resistance.
🔹 Short-term pullbacks could be buying opportunities, especially above the rising trendline support shown.
✨ Disrupted Trading Plan:
• Buy Area: 3,310–3,320 (support zone bounce)
• Bullish Target 1: 3,360 (resistance re-test)
• Bullish Target 2: 3,400–3,420 (if breakout confirmed)
• Invalidation: Daily close below 3,290
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