Local range near top of broader sideways (gray lines = local range).
Seller broke down from it.
Price now in buyer zone — possible buyer reaction. Just below: a gap.
Seller targets: 3271, 3245.
Conservative shorts: watch for buyer activity + seller defending local range breakout (3333).
Note: buyer initiative still active on daily TF (!).
For longs, better to wait near 3245–3271 and look for bullish patterns.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Seller broke down from it.
Price now in buyer zone — possible buyer reaction. Just below: a gap.
Seller targets: 3271, 3245.
Conservative shorts: watch for buyer activity + seller defending local range breakout (3333).
Note: buyer initiative still active on daily TF (!).
For longs, better to wait near 3245–3271 and look for bullish patterns.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Related publications
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.
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Related publications
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.