🔍 Technical analysis: Pull back to broken structure
- In the daily time frame, it is moving in a downward channel, which met with demand in the liquidity area. According to the latest analysis presented in the region, there was a demand that grew up to the ceiling of the descending channel.
- Currently, it is moving in an ascending channel within the descending channel, which can continue its growth with a pullback to the broken structure.
- Therefore, this return in the range of the green box or in the middle of the channel can meet the demand again and continue its growth until the supply area.
💎In addition, if it faces more selling pressure in the Liquidity Area and moves sharply, it can break the range, in which case the bullish scenario will be invalidated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
TIAUSDT
- In the daily time frame, it is moving in a downward channel, which met with demand in the liquidity area. According to the latest analysis presented in the region, there was a demand that grew up to the ceiling of the descending channel.
- Currently, it is moving in an ascending channel within the descending channel, which can continue its growth with a pullback to the broken structure.
- Therefore, this return in the range of the green box or in the middle of the channel can meet the demand again and continue its growth until the supply area.
💎In addition, if it faces more selling pressure in the Liquidity Area and moves sharply, it can break the range, in which case the bullish scenario will be invalidated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
TIAUSDT Note
#TIA#SHORT
Note
#TIAMore than 18 percent correction...
Note
Approximately 24% correction with a risk to reward of 3.4Note
According to the predicted trajectory, it has grown by more than 44% so far. It is currently in the supply area (the first red box). Therefore, I expect a temporary correction in the red box range. Note
According to the analysis presented earlier, after a higher HL has been established in the middle range of the channel and the green box, demand has been met. Currently, the formation of a bullish flag pattern is observed, which, in accordance with the predicted movement path, indicates the ability to break the first supply area for the target. Note
Corrected Bullish Flag.Trade active
After a correction up to the specified range, demand was encountered, which formed a zigzag correction in the supply zone with selling pressure.Currently, by filling the FVG gap, it can break the first supply area up to the target of 7.8 to 8.5.
This bullish wave can extend to the next supply zone after the second zone is broken.
In addition, the blue box area should not be broken for the upward trend.
Related publications
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.
Related publications
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.