📉 Bearish Channel: The price is respecting a downward-sloping channel, suggesting a structured decline.
🔸 Order Blocks (OB): Marked supply zones where price previously reacted, possibly acting as resistance.
🔵 Fair Value Gap (FVG): Indicates an imbalance that has been filled, potentially signaling exhaustion of the current move.
🟢 Liquidity Grab & Reversal: A sharp rally into resistance before a projected decline aligns with a liquidity hunt before the trend reversal.
Overall, this suggests that price may have reached a key resistance level and could be primed for a downturn. Watch for confirmations! 🚨📊
🔸 Order Blocks (OB): Marked supply zones where price previously reacted, possibly acting as resistance.
🔵 Fair Value Gap (FVG): Indicates an imbalance that has been filled, potentially signaling exhaustion of the current move.
🟢 Liquidity Grab & Reversal: A sharp rally into resistance before a projected decline aligns with a liquidity hunt before the trend reversal.
Overall, this suggests that price may have reached a key resistance level and could be primed for a downturn. Watch for confirmations! 🚨📊
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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.
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.