✅ Summary of Top-Down Analysis:
🟢 Daily (Macro Bias):
Bias: Neutral → Leaning Bullish
Context:
MACD and price both made lower lows (convergence = no divergence, but momentum weakening).
Price hit strong support at 16,457.
Bullish close post-FOMC + macro catalyst (Trump’s tariff changes) = positive sentiment.
Key note: China-specific tariff at 125% could inject volatility, possibly sector-specific.
🟠 4HR:
Bias: Bullish
Confluence:
Higher high in price and MACD = bullish momentum confirmed.
Price reclaimed structure after failed low.
Approaching last week's POC → possible liquidity grab + continuation.
4HR bullish imbalance could be a key reaction zone (support).
🔴 1HR:
Bias: Bullish
Context:
Clear bullish structure + MACD higher high.
Aligned with 4HR bullish flow = continuation potential.
🔵 15min:
Bias: Bullish
Micro Context:
Structure and MACD aligned → price above previous NY POC = showing strength into next session.
May look to use NY POC or VWAP pullbacks for entry.
🎯 Gameplan Suggestions:
Scenario 1 – Continuation Entry:
Look for pullbacks into 4HR imbalance zone or 15m demand + VWAP area.
Use MACD + price action confirmation for entry (e.g., engulfing, break of lower highs).
Targets: swing high above 4HR structure + liquidity zones.
Scenario 2 – Reversal Risk:
If price shows exhaustion near last week’s POC, especially with MACD divergence on lower timeframes → consider a quick short scalp or stay flat until new structure forms.
👀 Key Levels to Watch:
🔹 16,457 = macro support
🔹 Last week’s POC = near-term resistance/liquidity
🔹 Bullish 4HR imbalance zone (mark this for entries)
🔹 Previous NY POC / VWAP area = short-term entry pullback zone
🟢 Daily (Macro Bias):
Bias: Neutral → Leaning Bullish
Context:
MACD and price both made lower lows (convergence = no divergence, but momentum weakening).
Price hit strong support at 16,457.
Bullish close post-FOMC + macro catalyst (Trump’s tariff changes) = positive sentiment.
Key note: China-specific tariff at 125% could inject volatility, possibly sector-specific.
🟠 4HR:
Bias: Bullish
Confluence:
Higher high in price and MACD = bullish momentum confirmed.
Price reclaimed structure after failed low.
Approaching last week's POC → possible liquidity grab + continuation.
4HR bullish imbalance could be a key reaction zone (support).
🔴 1HR:
Bias: Bullish
Context:
Clear bullish structure + MACD higher high.
Aligned with 4HR bullish flow = continuation potential.
🔵 15min:
Bias: Bullish
Micro Context:
Structure and MACD aligned → price above previous NY POC = showing strength into next session.
May look to use NY POC or VWAP pullbacks for entry.
🎯 Gameplan Suggestions:
Scenario 1 – Continuation Entry:
Look for pullbacks into 4HR imbalance zone or 15m demand + VWAP area.
Use MACD + price action confirmation for entry (e.g., engulfing, break of lower highs).
Targets: swing high above 4HR structure + liquidity zones.
Scenario 2 – Reversal Risk:
If price shows exhaustion near last week’s POC, especially with MACD divergence on lower timeframes → consider a quick short scalp or stay flat until new structure forms.
👀 Key Levels to Watch:
🔹 16,457 = macro support
🔹 Last week’s POC = near-term resistance/liquidity
🔹 Bullish 4HR imbalance zone (mark this for entries)
🔹 Previous NY POC / VWAP area = short-term entry pullback zone
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.