2 days ago
Daily Chart Analysis Trend Context: • Price: $2,603.58 • Relative Positioning: Price is below the Kumo, confirming a long-term bearish bias. • Kumo (Cloud) Analysis: • Jump Thickness: Thick Kumo ($13.81 gap between Span A and Span B) reinforces strong resistance. • Senkou Span A: $2,640.15 (flat slope, signaling equilibrium). • Senkou Span B: $2,653.96 (flat slope, acting as a ceiling). • TK and KS Crosses: • TK Cross is bearish below the Kumo. • Tenkan-sen (Conversion Line): $2,653.96 • Kijun-sen (Base Line): $2,647.05 • Chikou Span: • Positioned below price and Kumo, confirming bearish sentiment. • Distance: Significant lag, reinforcing the downward momentum. Timing Cycles (9, 17, 26): • Price aligns with the 17-period cycle, suggesting a potential liquidity probe above $2,614 before continuation lower. Key Confluences: • Resistance: • $2,640.15 (Senkou Span A and Fibonacci 50% retracement). • $2,653.96 (Senkou Span B and Kumo ceiling). • Support: • $2,592.43 (VWAP deviation and institutional bid). • $2,581.85 (swing low and major liquidity zone). 4-Hour Chart Analysis Trend Context: • Price: $2,603.51 • Relative Positioning: Price is below the Kumo, aligning with the bearish daily chart trend. • Kumo (Cloud) Analysis: • Jump Thickness: Thin Kumo ($8.21 gap) indicates volatility and weak resistance. • Senkou Span A: $2,614.86 (sloping upward slightly, suggesting potential pullback). • Senkou Span B: $2,623.07 (flat slope, acting as an institutional resistance ceiling). • TK and KS Crosses: • TK Cross is neutral, forming inside the Kumo. • Tenkan-sen: $2,606.65 • Kijun-sen: $2,604.15 • Chikou Span: • Positioned below price and Kumo, confirming bearish pressure. • Distance: Slight lag, reinforcing bearish continuation. Timing Cycles (9, 17, 26): • A 9-period cycle aligns with a likely pullback to $2,614.86 before continuation lower. Key Confluences: • Resistance: • $2,614.86 (Senkou Span A and Fibonacci 61.8% retracement). • $2,623.07 (Kumo upper boundary and major institutional level). • Support: • $2,592.43 (VWAP and liquidity zone). • $2,581.85 (key institutional bid). 1-Hour Chart Analysis Trend Context: • Price: $2,603.76 • Relative Positioning: Price is testing the Kumo lower edge, signaling potential consolidation or rejection. • Kumo (Cloud) Analysis: • Jump Thickness: Narrow Kumo ($6.10 gap) signals indecision but sets a rejection threshold. • Senkou Span A: $2,606.65 (flat slope, suggesting equilibrium). • Senkou Span B: $2,612.75 (flat slope, acting as minor resistance). • TK and KS Crosses: • TK Cross is neutral, forming near the Kumo edge. • Tenkan-sen: $2,604.15 • Kijun-sen: $2,606.65 • Chikou Span: • Aligned with price, confirming consolidation. • Distance: Flat positioning indicates potential sideways movement. Timing Cycles (9, 17, 26): • Expect a price test above $2,606.65 in the next 9 periods before potential rejection lower. Key Confluences: • Resistance: • $2,606.65 (Senkou Span A). • $2,612.75 (VWAP deviation and Kumo upper boundary). • Support: • $2,601.65 (VWAP midpoint). • $2,592.43 (session low). 30-Minute Chart Analysis Trend Context: • Price: $2,604.23 • Relative Positioning: Price is consolidating at the Kumo lower boundary, reflecting indecision but bearish dominance. • Kumo (Cloud) Analysis: • Jump Thickness: Thin Kumo ($4.12 gap) signals low resistance. • Senkou Span A: $2,604.98 • Senkou Span B: $2,606.65 • TK and KS Crosses: • TK Cross is flat, aligned with consolidation. • Tenkan-sen: $2,603.76 • Kijun-sen: $2,604.98 • Chikou Span: • Flat and aligned with price, confirming short-term sideways action. Timing Cycles (9, 17, 26): • Price is expected to break toward $2,606.65 (Senkou Span B) before resumption of bearish movement within 9-17 periods. Key Confluences: • Resistance: • $2,604.98 (Senkou Span A and VWAP). • $2,606.65 (Kumo upper boundary). • Support: • $2,601.79 (VWAP lower deviation). • $2,592.43 (institutional liquidity zone). Actionable Entry/Exit Signals Short Setup: 4-Hour Resistance Rejection • Entry Price: $2,614.86 (Kumo lower edge on 4H chart). • Stop Loss: $2,623.50 (above Kumo upper edge). • Take Profits: • TP1: $2,601.65 (VWAP midpoint). • TP2: $2,592.43 (session liquidity zone). • TP3: $2,581.85 (long-term institutional bid). Mean Reversion Scalping Long: Tokyo Session • Entry Price: $2,601.65 (VWAP midpoint). • Stop Loss: $2,598.50 (below VWAP lower deviation). • Take Profits: • TP1: $2,606.65 (Kumo upper edge). • TP2: $2,612.75 (VWAP deviation and Kumo resistance). Breakout Long Setup: NYC Volatility • Entry Price: Above $2,614.86 (confirmed breakout). • Stop Loss: $2,610. • Take Profits: • TP1: $2,620 (VWAP upper deviation). • TP2: $2,640.15 (daily Kumo lower edge).