Price is currently consolidating above a key support zone, approaching a critical Decision Point. The market structure shows a prior CHoCH and BOS, signaling potential bullish intent, but momentum has slowed.
Two potential outcomes:
Bullish Case: A breakout above the descending trendline and Decision Point could trigger a move toward the Weak High and higher.
Bearish Case: Rejection from this zone may lead to a liquidity grab, with price targeting the Order Block (OB) near 0.79300, sitting above a strong low.
Watching for a confirmed reaction at the Decision Point to determine directional bias. Stay patient and wait for price action confirmation.
Two potential outcomes:
Bullish Case: A breakout above the descending trendline and Decision Point could trigger a move toward the Weak High and higher.
Bearish Case: Rejection from this zone may lead to a liquidity grab, with price targeting the Order Block (OB) near 0.79300, sitting above a strong low.
Watching for a confirmed reaction at the Decision Point to determine directional bias. Stay patient and wait for price action confirmation.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。