📝 Key Observations: Break of Structure (BoS) - Price recently broke previous support levels, indicating a shift in market direction. Strong Bullish Momentum - The aggressive move up suggests that buyers are stepping in at the demand zone. H1 Supply Zone - Price is currently reacting to an H1 supply zone, which may cause a pullback. M15 Demand Zone - A key...
The pair is rejecting a major supply zone, signaling potential downside movement. A liquidity sweep paired with imbalance zone may have fueled this reversal, and price is now testing lower levels. 📊 Key Observations: ✔ Supply Zone Rejection: Price reacted strongly from the 151.200–151.500 zone. ✔ Liquidity Grab ($$$): Stops above the highs may have been taken...
The pair is currently retesting a strong demand zone, with multiple rejections seen in this area. A Break of Structure (BoS) indicates bullish potential, but price needs to confirm a reversal before a strong upside move. 📊 Key Observations: ✔ Break of Structure (BoS): Bullish intent was confirmed earlier. ✔ Swing Structure Support (SSS): Holding for now, but a...
The pair recently breached a Daily Supply Zone (D1 SZ) with a candle body, signaling bullish strength. However, price is currently pulling back, and a deeper retracement toward the Daily Demand Zone (D1 DZ) is possible before the next leg up. 📊 Key Observations: ✔ Break of Structure (BoS): Confirmed bullish intent. ✔ Fibonacci Confluence: The 0.786–0.88...
The Dollar Index recently closed above a previous lower high, signaling a possible bullish trend continuation. However, the recent drop has only seen wicks covering the higher low, suggesting this may just be a liquidity sweep rather than a true bearish reversal. 📊 Key Observations: ✔ Higher Low Sweep: Current price action suggests liquidity is being grabbed...
Gold is currently testing a strong resistance zone marked by multiple wicks, indicating potential rejection. A minor Break of Structure (BoS) has occurred, and price is struggling to break higher. If price closes below the marked BoS level with a solid candle body, it confirms bearish momentum. 🔻 Trade Idea: If price breaks below this level, I'll look for a short...
PLTR respecting the resistance level for the wedge, if it breaks out at support level around $22, it will probably rise.