Market next move ⚠️ Disruption & Counterpoints:
1. Labeling Error – "Bullish" in a Bearish Trend:
The chart clearly shows a strong downtrend starting after the peak on June 28.
Despite this, the word "Bullish" is used alongside a downward zigzag, which is misleading. This is not a bullish structure — it's a bearish continuation pattern or possibly a bear flag, which suggests further downside.
Using “Bullish” here may confuse traders into thinking a reversal is expected, while the actual trend favors further decline.
2. No Confirmed Reversal Pattern:
There's no double bottom, inverse head and shoulders, or any bullish candlestick formation (e.g., engulfing or hammer) to indicate a likely bullish reversal.
Without strong reversal signals, expecting a bullish move here lacks technical support.
3. Target Box Ambiguity:
The “Target” box is not clearly justified. There are no Fibonacci levels, previous support zones, or measured move explanations backing it.
A target should be based on a technical level — such as the bottom of a previous range, a support zone, or a projection from a pattern.
