Price Action: The market is in a downward correction after hitting a resistance area.
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📊 Key Marked Zones and Concepts
1. High Higher (Left Side):
Indicates previous higher high formed in an uptrend structure.
2. Demand Zone (Below High):
Area where buyers previously stepped in strongly.
Likely a bullish order block or accumulation zone.
3. BOS (Break of Structure):
Two BOS points are marked, confirming market structure breaks:
Left BOS: Marks transition from uptrend to a possible downtrend.
Right BOS: Confirms shift again or continuation of downward correction.
4. FVG (Fair Value Gap):
Indicates an imbalance in price action.
Price may revisit this zone to "fill the gap."
5. Resistance (Top Right):
Price reached this level and is rejecting downward.
Could be a short-entry zone, as indicated by the red-to-green risk box (risk-to-reward trade setup).
6. Support (Bottom):
A larger green support block exists far below current price (~$91,000–$82,000).
Possibly a target area for longer-term bears.
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🎯 Trade Setup Visible
Short Position Active:
Entry near resistance zone (~108K–110K).
Stop-loss above resistance (~115K).
Take-profit near $102,760 or lower, aligned with BOS and demand area.
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🧠 Interpretation
This analysis shows that:
The trader expects BTC to drop from the resistance zone.
The bearish BOS and FVG support a retracement or reversal.
Targeting a deeper correction toward support or earlier demand zones.
---
📊 Key Marked Zones and Concepts
1. High Higher (Left Side):
Indicates previous higher high formed in an uptrend structure.
2. Demand Zone (Below High):
Area where buyers previously stepped in strongly.
Likely a bullish order block or accumulation zone.
3. BOS (Break of Structure):
Two BOS points are marked, confirming market structure breaks:
Left BOS: Marks transition from uptrend to a possible downtrend.
Right BOS: Confirms shift again or continuation of downward correction.
4. FVG (Fair Value Gap):
Indicates an imbalance in price action.
Price may revisit this zone to "fill the gap."
5. Resistance (Top Right):
Price reached this level and is rejecting downward.
Could be a short-entry zone, as indicated by the red-to-green risk box (risk-to-reward trade setup).
6. Support (Bottom):
A larger green support block exists far below current price (~$91,000–$82,000).
Possibly a target area for longer-term bears.
---
🎯 Trade Setup Visible
Short Position Active:
Entry near resistance zone (~108K–110K).
Stop-loss above resistance (~115K).
Take-profit near $102,760 or lower, aligned with BOS and demand area.
---
🧠 Interpretation
This analysis shows that:
The trader expects BTC to drop from the resistance zone.
The bearish BOS and FVG support a retracement or reversal.
Targeting a deeper correction toward support or earlier demand zones.
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Free Accurate GOLD Signals Quality Education 🎓Quality Analysis 🔥🔥High Impact News Livetrades Accuracy 💯💯 All FREE!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。