Since our last analysis, price action has continued to respect the upper boundary of the ascending channel, with signs of potential distribution forming. The previously highlighted internal liquidity (int. LQ) and unfilled imbalance (IMB) levels remain key areas of interest.
What to Monitor Now?
- Potential Rejection & Weakness – If price fails to sustain above the recent highs, we could see a shift toward lower liquidity zones.
- Breakout vs. Fakeout – A temporary push higher is possible, but failure to hold could confirm a larger reversal.
- Fair Volume Range Test – If distribution plays out, watch for retracement toward the fair volume ranges below.
For confirmation, look for signs of lower highs, aggressive selling pressure, or failed attempts to push higher. Until then, remain cautious and reactive to price behavior.
What to Monitor Now?
- Potential Rejection & Weakness – If price fails to sustain above the recent highs, we could see a shift toward lower liquidity zones.
- Breakout vs. Fakeout – A temporary push higher is possible, but failure to hold could confirm a larger reversal.
- Fair Volume Range Test – If distribution plays out, watch for retracement toward the fair volume ranges below.
For confirmation, look for signs of lower highs, aggressive selling pressure, or failed attempts to push higher. Until then, remain cautious and reactive to price behavior.
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♛ Website: bio.site/goldfxcc.com
➤ Telegram: t.me/+OYfvKDvM0w81MTJk
♛ Website: bio.site/goldfxcc.com
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.
GOLDFXCC™ Leading Educational platform—whether you're just starting or an experienced trader, access knowledge and insights to refine your skills and achieve more.
➤ Telegram: t.me/+OYfvKDvM0w81MTJk
♛ Website: bio.site/goldfxcc.com
➤ Telegram: t.me/+OYfvKDvM0w81MTJk
♛ Website: bio.site/goldfxcc.com
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.