Market Situation: Mid-London Session Combat Map
We're in the aftermath of the breakout surge that ripped toward 3,357. Now the beast's cooling its jets — consolidating in a tight range between 3,330 and 3,312. Here's what’s next in the war room, based on the latest chart:
Technical Situation
✅ Price Action
Price consolidating under minor resistance at 3,330
Local support holding at 3,312
Compression forming inside a low-vol wedge
0.236 fib holding as key pivot (3,322)
📈 Indicators
RSI Cooling — 1H: 53.4 | 4H: 72.4 | Daily: 72.4
Volume – Normalizing post-surge; volume MA above current, fading momentum
Volatility (ROC) – Flatlining, suggesting breakout setup brewing
🔥 Pattern Forming
Bearish divergence on 1H and 4H RSI
Distribution phase signs showing above 3,340
Falling wedge breakout potential if 3,330 breaks with strong vol.
Expected Scenarios
Bullish Continuation (Still Active ~60%)
Trigger: Break & hold above 3,330 on 15K+ vol
Targets:
TP1: 3,344
TP2: 3,356
TP3 EXT: 3,375
Live Entry Setup
📌 Buy Stop 3,331.00
🛑 SL: 3,312
🎯 TP: 3,356
✅ Confidence: 60%
📎 Only take this if volume confirms breakout — RSI must stay above 60 on 1H
Breakdown Reversal (Low Prob ~30%)
Trigger: High volume sell-off, engulfing below 3,312
Targets: 3,300 → 3,280
📌 Sell Stop: 3,310
🛑 SL: 3,326
🎯 TP: 3,280
✅ Confidence: 30%
📎 Only if sudden news/fundamental drive hits — otherwise market still strong.
We're in the aftermath of the breakout surge that ripped toward 3,357. Now the beast's cooling its jets — consolidating in a tight range between 3,330 and 3,312. Here's what’s next in the war room, based on the latest chart:
Technical Situation
✅ Price Action
Price consolidating under minor resistance at 3,330
Local support holding at 3,312
Compression forming inside a low-vol wedge
0.236 fib holding as key pivot (3,322)
📈 Indicators
RSI Cooling — 1H: 53.4 | 4H: 72.4 | Daily: 72.4
Volume – Normalizing post-surge; volume MA above current, fading momentum
Volatility (ROC) – Flatlining, suggesting breakout setup brewing
🔥 Pattern Forming
Bearish divergence on 1H and 4H RSI
Distribution phase signs showing above 3,340
Falling wedge breakout potential if 3,330 breaks with strong vol.
Expected Scenarios
Bullish Continuation (Still Active ~60%)
Trigger: Break & hold above 3,330 on 15K+ vol
Targets:
TP1: 3,344
TP2: 3,356
TP3 EXT: 3,375
Live Entry Setup
📌 Buy Stop 3,331.00
🛑 SL: 3,312
🎯 TP: 3,356
✅ Confidence: 60%
📎 Only take this if volume confirms breakout — RSI must stay above 60 on 1H
Breakdown Reversal (Low Prob ~30%)
Trigger: High volume sell-off, engulfing below 3,312
Targets: 3,300 → 3,280
📌 Sell Stop: 3,310
🛑 SL: 3,326
🎯 TP: 3,280
✅ Confidence: 30%
📎 Only if sudden news/fundamental drive hits — otherwise market still strong.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.