Daily TF
4H TF
1H TF
Demand Zone (102,000–103,700)
Key Scenarios
Bullish:
1. Reclaim 106,300 → Break 108,900 → Push toward ATH.
2. Drop into demand zone → form a new LH on the dailly → Push toward ATH.
Bearish:
Drop into demand zone → Break 102,038 → Further downside.
- Potential new Higher Low (HL) forming.
- Confirmed only by forming a new HH on the dailly TF, which means we’ll have to break the ATH.
- Break below 102,038 and we make a LL structure shift to bearish, which will mean likely more downside.
4H TF
- Currently in a bearish structure.
- Break above 108,900 = bullish shift, potential move toward a new ATH.
1H TF
- Reclaiming 106,300 breaks the recent LH (CHOCH), triggering potential short-term bullish momentum.
Demand Zone (102,000–103,700)
- Key area for a possible bounce and to form a new HL on the dailly TF.
- Break below this zone and below the HL at 102,038 = possible strong bearish continuation.
Key Scenarios
Bullish:
1. Reclaim 106,300 → Break 108,900 → Push toward ATH.
2. Drop into demand zone → form a new LH on the dailly → Push toward ATH.
Bearish:
Drop into demand zone → Break 102,038 → Further downside.
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.
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.