XAUUSD Fake Breakout at 4,520 - Price Tests Buyer Zone at 4,260Hello traders! Here’s my technical outlook on XAUUSD (4H) based on the current chart structure. Gold is trading within a broader ascending channel, confirming a dominant bullish structure despite the recent sharp pullback. After a strong impulsive rally, price respected the channel support and continued forming higher highs and higher lows, highlighting sustained buyer control throughout the trend. Currently, XAUUSD is trading below the broken channel support and has entered the Buyer Zone around 4,260, which aligns with a key Support Level and a prior breakout area. This zone represents an important reaction area where buyers may attempt to regain control. The projected path suggests a possible corrective bounce from this level, but overall price action remains vulnerable as long as it stays below the former resistance and channel structure. My scenario: as long as XAUUSD remains below the 4,520 Seller Zone and fails to reclaim the broken channel support, the bias favors further downside or consolidation. A clean hold above the Buyer Zone could trigger a short-term rebound toward the mid-channel area, while a decisive breakdown below 4,260 would open the door for a deeper corrective move. Please share this idea with your friends and click Boost 🚀
Short
XAUUSD Short: Trend Line Break Signals Downside ContinuationHello traders! Here’s a clear technical breakdown of XAUUSD (3H) based on the current chart structure. Gold previously traded inside a well-defined range, indicating a phase of accumulation before buyers gained control. From this range, price broke out to the upside and followed a rising trend line, confirming a strong bullish impulse and a clear shift in market structure. The trend remained intact as price continued to form higher highs and higher lows.
Currently, gold is trading below the broken trend line and moving toward the Demand Zone near 4,320, which aligns with a previous breakout area and an important horizontal reaction level. Below this area lies the next Demand Zone around 4,270, which represents the next key downside target if selling pressure continues. The move lower appears impulsive, suggesting that the market is entering a corrective or reversal phase rather than a simple pullback.
My scenario: as long as XAUUSD remains below the Supply Zone and stays under the broken trend line, the bias favors sellers. I expect continuation to the downside toward the 4,320 Demand Zone, with a possible extension to 4,270 if bearish momentum remains strong. A strong bullish reaction from demand could lead to short-term consolidation, but without reclaiming the trend line, any upside remains corrective. Manage your risk!
EURUSD Failed Break Above 1.1800 Opens Path to 1.1740Hello traders! Here’s my technical outlook on EURUSD (4H) based on the current chart structure. EURUSD is trading within a broader bullish structure after breaking above a descending resistance formation earlier on the chart, signaling a clear shift in market control from sellers to buyers. Following this breakout, price entered a consolidation phase, forming a well-defined range, which reflected temporary balance before trend continuation. The subsequent upside breakout from this range, supported by a rising trend line, confirmed renewed bullish momentum and continuation of the upward structure. Currently, price is testing a key Resistance Level near 1.1800, where a fake breakout has already occurred, suggesting potential exhaustion of buyers at the highs. This resistance aligns with a descending resistance line, increasing the probability of seller reaction. Below current price, the former resistance has flipped into a Support Level around 1.1740, overlapping with the Buyer Zone and the previous breakout area, making it a critical demand region. My scenario: as long as price is rejected from the 1.1800 resistance, a corrective move toward 1.1740 is likely (TP1). A clean breakdown below support would open the door for a deeper pullback. A confirmed breakout above 1.1800 would invalidate the short bias and signal further upside. Please share this idea with your friends and click Boost 🚀
ETH — Relief Rally or Another Distribution Trap?On the 1H timeframe, Ethereum is staging a sharp rebound back into a well-defined resistance zone around 2,980–3,000, following a strong sell-off from above 3,030. While the bullish impulse candle appears aggressive at first glance, structurally this move is best interpreted as a counter-trend reaction rather than a confirmed trend reversal. Price is still trading below the prior breakdown area, where selling pressure previously accelerated.
From a market structure perspective, ETH shows clear signs of distribution near the highs. The impulsive rejection from the 3,030 area was followed by a sequence of lower highs and lower lows, indicating that sellers regained control after liquidity was taken above resistance. The current rebound lacks follow-through and occurs inside a known supply zone, increasing the probability of another rejection rather than sustained upside continuation.
The support zone around 2,890–2,910 remains the key downside reference. This area has previously absorbed selling pressure, but it has now been tested multiple times. Each subsequent reaction has become less impulsive, suggesting weakening demand rather than strong accumulation. If price fails to hold above 2,950 and rolls over from resistance, a rotation back toward this support zone becomes the higher-probability scenario.
From a broader macro and risk environment, crypto assets remain sensitive to U.S. dollar stability, Treasury yields, and overall risk sentiment. Without a clear risk-on catalyst or strong volume expansion, upside moves into resistance are vulnerable to selling, particularly during low-liquidity conditions where false breakouts are common.
In summary, ETH is currently trapped between short-term resistance and fragile support. As long as price remains capped below 3,000, the structure favors range trading to bearish continuation, not trend expansion. A clean rejection from resistance would reinforce downside risk toward 2,900, while only a sustained acceptance above 3,030 would meaningfully shift the technical bias.
USDJPY is Nearing a Strong Resistance!Hey Traders,
In today’s trading session, we are monitoring USDJPY for a potential selling opportunity around the 156.200 zone.
Technically, the pair remains in a broader downtrend and is currently in a corrective move, retracing back toward the 156.20 area, which aligns with trend resistance and a key support/resistance flip. This zone has previously acted as a reaction level and now serves as a potential area for sellers to re-engage.
As long as price remains capped below this region, the prevailing bearish structure stays intact, with rallies viewed as corrective rather than impulsive.
Watching closely for price reaction and bearish confirmation around 156.200 before any continuation lower.
Trade safe,
Joe
Ethereum Compresses Below Major Supply On the 1H timeframe, Ethereum is trading within a well-defined sideways range, capped by a strong resistance zone around 3,050–3,080 and supported by a demand area near 2,900–2,920. Price has repeatedly failed to establish acceptance above the upper boundary, confirming that this zone remains a dominant supply area rather than a breakout level.
The sharp impulsive rally into resistance earlier in the session was followed by an immediate rejection, forming a classic stop-run and distribution reaction. This behavior indicates that liquidity above prior highs was absorbed by sellers, not followed by continuation. Since then, price has rotated back into the range, reinforcing the market’s balance condition rather than trend expansion.
From a structural perspective, Ethereum is currently printing overlapping candles and shallow pullbacks, characteristic of range-bound price action. The 34 EMA and 89 EMA are flattening and converging, which further supports the view that momentum is neutral and that the market is waiting for a catalyst to resolve the range.
On the downside, the support zone around 2,900–2,920 has been respected multiple times. Each test has produced a reaction, suggesting the presence of responsive buyers. However, these bounces lack strong follow-through, highlighting that demand is defensive rather than aggressive at this stage.
From a macro and sentiment standpoint, Ethereum remains highly correlated with broader crypto risk appetite and liquidity conditions. With no immediate macro shock or strong risk-on impulse, price action favors mean reversion within the range rather than a sustained directional move.
In summary, Ethereum is in a clear consolidation phase between major supply and demand. A clean breakout above 3,080 with acceptance and volume would be required to shift the structure bullish. Until that occurs, rallies into resistance and dips into support should be viewed as range rotations, not trend signals.
EURUSD Is Not Weak — It’s Reacting at Support After a Trendline Hello everyone,
On the H1 timeframe, the key focus right now is not chasing direction, but understanding how EURUSD is behaving after breaking below a descending resistance line and reacting into a well-defined support zone.
From the left side of the chart, price has been trading under a descending resistance trendline, repeatedly forming lower highs, which clearly capped upside attempts. Each rally into this trendline was sold, confirming that sellers were in control of short-term momentum. This structure remained intact until price finally lost altitude and accelerated lower.
The critical move occurred when EURUSD broke down from the mid-range and pushed directly into the 1.1740–1.1750 support zone. This zone is not arbitrary — it aligns with multiple prior reaction lows and has already shown the ability to absorb selling pressure. The sharp sell-off into this area suggests a liquidity-driven move rather than a slow distribution.
Structurally, the market is now at an inflection point. The down-move into support completed a short-term bearish leg, but follow-through has stalled, indicating that sellers are no longer as aggressive at these levels. This opens the door for a corrective rebound, not a trend reversal yet.
The projected path on the chart reflects this logic clearly:
A brief stabilization or marginal sweep below support is possible to finish the downside move.
From there, a technical rebound toward the descending resistance line around 1.1765–1.1780 becomes the natural magnet.
As long as price remains below the descending trendline, any upside should be treated as corrective, not the start of a new bullish trend.
Only a clean reclaim and acceptance above the descending resistance would signal that bearish pressure has fully reset and that the market is ready to challenge the higher 1.1800 resistance zone again. Until then, EURUSD remains in a rebalance phase following a controlled breakdown, where patience and level-based execution matter most.
Wishing you all effective and disciplined trading.
EURUSD Is Not Breaking Out Yet — It’s Still Balancing Hello everyone,
On the H1 timeframe, the key focus right now is not an immediate bullish breakout, but the fact that EURUSD remains locked inside a clearly defined range, rotating between strong resistance and a well-respected support base.
After multiple attempts into the upper resistance zone around 1.1800–1.1820, price has repeatedly failed to gain acceptance above this area. Each push higher has been met with selling pressure, resulting in sharp rejections and a return back into the range. This behavior confirms that supply remains active overhead and that buyers are not yet strong enough to force a directional expansion.
From a structural perspective, the market is printing overlapping highs and lows, which is a classic sign of balance rather than trend. There is no clean sequence of higher highs to validate an uptrend, and at the same time, sellers have been unable to drive price decisively below support. This tells us that both sides are active, but neither is in control.
The support zone around 1.1750–1.1760 continues to act as a demand area. Every test into this zone has been absorbed, leading to short-term rebounds rather than continuation lower. As long as this support holds, downside risk remains contained, and the market stays in a consolidation phase.
The projected path on the chart reflects this logic well: a possible dip into support to test demand, followed by another rotation higher toward resistance. Only a clean breakout and acceptance above the resistance zone would confirm bullish continuation and open the door for a move toward higher levels. Conversely, a decisive breakdown below support would invalidate the range structure and shift the bias bearish.
Until one of those scenarios plays out, EURUSD is not trending. It is rebalancing and building liquidity inside the range, and patience remains essential.
Wishing you all effective and disciplined trading.
EUR/USD Pressed Under Descending Resistance — Break or BreakdownOn the 1H timeframe, EUR/USD is trading within a compressed range, capped by a descending resistance trendline and a broader horizontal resistance zone around 1.1800–1.1820. Multiple attempts to push higher have failed, producing lower highs and confirming that sellers remain active on rallies. Price acceptance below this declining structure indicates bearish pressure dominating the short-term order flow.
Structurally, the market has transitioned from a prior impulsive bullish leg into distribution and rotation. The inability to reclaim the descending resistance with momentum suggests that upside moves are corrective rather than impulsive. Each rejection from the trendline has been followed by sharp pullbacks, highlighting a lack of sustained buying interest at higher prices.
On the downside, the support zone around 1.1740–1.1760 is the key area currently preventing further weakness. This zone has absorbed selling pressure multiple times, but reactions have been relatively weak and overlapping, signaling defensive buying rather than accumulation. If price revisits this area with increased bearish momentum, the probability of a clean breakdown increases.
In conclusion, EUR/USD is trapped between descending resistance and a fragile support base. As long as price remains below the downward trendline and the 1.1800 resistance zone, the technical bias favors further downside rotation toward support. A confirmed break below 1.1740 would open the door for deeper continuation, while only a decisive reclaim above the descending resistance would invalidate the current bearish structure.
Ethereum Isn’t Breaking Out — It’s Building Pressure Inside Hello everyone,
On the H1 timeframe, the key focus right now is not the recent rebound, but the fact that Ethereum remains structurally range-bound after a failed breakout attempt. The market has not transitioned into a new trend yet; instead, it is continuing to rotate between clearly defined supply and demand zones.
After pushing aggressively into the upper resistance zone around 3,040–3,070, ETH was rejected sharply, producing a fast sell-off back into the middle of the range. Importantly, this drop did not trigger a broader breakdown. Price stabilized and began to trade sideways again, which tells us that sellers were able to defend resistance, but buyers are still active at lower levels.
From a structural perspective , COINBASE:ETHUSD is printing overlapping candles and compressed swings, a classic sign of balance rather than trend. There is no sequence of higher highs to confirm bullish continuation, and no lower-low expansion to suggest bearish control. This is a market in rebalancing mode, not directional movement.
Technically , the 2,880–2,910 support zone continues to act as a firm demand base. Each approach into this area has been absorbed quickly, preventing further downside expansion. On the upside, the 2,980–3,000 resistance zone is the first ceiling to clear, followed by the major supply zone near 3,050–3,070, where sellers have previously stepped in aggressively.
The projected price path on the chart reflects this logic well: short-term oscillation inside the range, followed by a potential liquidity sweep before any meaningful expansion. Only clear acceptance above the upper resistance zone would confirm a bullish breakout and open the door for continuation higher. Conversely, a decisive breakdown below the support zone would invalidate the accumulation narrative and shift the bias lower.
Until one of those conditions is met, Ethereum is not trending. It is building pressure inside a range, and patience remains the highest-probability strategy.
Wishing you all effective and disciplined trading.
Bitcoin Is Compressing — Range Control Before the Next ExpansionOn the 1H timeframe, Bitcoin remains locked in a well-defined range structure, capped by a strong resistance zone around $89,800–$90,500 and supported by demand between $86,800–$87,200. Price has repeatedly failed to achieve acceptance above resistance, while sellers also lack follow-through below support. This behavior confirms that the market is not trending, but rotating liquidity within a controlled environment.
From a market structure perspective, the repeated swing highs into resistance followed by sharp pullbacks suggest distribution rather than breakout pressure. Each push toward the upper boundary has been met with aggressive selling, indicating that larger participants are using higher prices to offload positions instead of initiating continuation. Until resistance is decisively reclaimed, upside moves should be treated as range highs, not trend signals.
The area labeled as the accumulation zone in the mid-range reflects prolonged consolidation with overlapping candles and reduced volatility. This is typical of a market waiting for external confirmation. Price acceptance here shows balance between buyers and sellers, but importantly, balance is not direction. A breakout from such zones requires volume expansion and structural follow-through, neither of which is currently present.
On the downside, the support zone around $86,500–$87,000 continues to act as a reliable demand pocket. Each test has produced a reaction, confirming short-term buyer interest. However, below this lies a stronger macro support near $85,200, which represents the level where bullish structure would be meaningfully threatened if broken. A clean loss of this zone would shift the broader bias toward downside continuation.
In summary, Bitcoin is in a classic range-bound environment. The market is compressing energy between clearly defined levels, and directional conviction remains absent. Until price breaks and holds above $90,500 or loses $86,500 with momentum, the optimal approach remains range-based execution and patience. The next impulsive move will come from resolution — not prediction.
Holding Support — The Range Is Still in PlayEURUSD remains in a range-to-reaccumulation structure, with price holding above a well-defined support zone around 1.1745–1.1750. Buyers continue to defend dips, while upside attempts are capped below the 1.1805–1.1815 resistance zone, keeping the market in consolidation rather than expansion.
The recent higher low suggests demand is still active. As long as price holds above support, upside continuation toward the upper range remains the favored path.
Resistance: 1.1805 – 1.1815
Support: 1.1745 – 1.1750
Range focus: 1.1750 – 1.1815
➡️ Primary: support holds → higher lows → rotation toward 1.1805–1.1815.
⚠️ Risk: clean break below 1.1745 → deeper pullback before buyers reassess.
EURUSD Short: Failed Break 1.1800 - Demand at 1.1740 as TargetHello traders! Here’s a clear technical breakdown of EURUSD (4H) based on the current chart structure. After a prolonged consolidation phase marked by a broad range, EURUSD formed a clear pivot low and transitioned into a bullish recovery. From that pivot point, price established a well-defined ascending channel, confirming a shift in market structure and sustained buyer control through higher highs and higher lows.
Currently, price is trading below a key Supply Zone near 1.1800, where a fake breakout occurred, indicating strong selling pressure at the highs. This rejection from supply suggests that buyers struggled to gain acceptance above resistance. Following the rejection, price broke below short-term structure and is now pulling back toward the 1.1740 Demand Zone, which aligns with prior breakout structure and the lower boundary of the ascending channel.
My scenario:as long as EURUSD remains below the 1.1800 Supply Zone, the risk of a bearish reaction stays elevated. A clear rejection from this resistance area, especially with bearish confirmation, would favor short positions, targeting a move back toward the 1.1740 Demand Zone as the first objective. Manage your risk!
Decision Point — Bounce or Breakdown?EURUSD is trading at a key decision area after a sustained decline from the upper range. Price is now approaching the mid-range support, with momentum slowing, suggesting the market is preparing for either a reaction bounce or continuation lower.
The broader structure remains range-bound, with price capped below the 1.1800–1.1810 resistance zone and buyers historically stepping in near the lower boundary.
Resistance: 1.1800 – 1.1810
Support: 1.1700 – 1.1710
Decision zone: 1.1730 – 1.1740
➡️ Primary: hold above 1.1700 → corrective bounce → rotation back toward 1.1760–1.1780.
⚠️ Risk: clean break below 1.1700 → continuation toward the lower support zone before stabilization.
BTC Is Stuck in a Range, and That’s Exactly the PointHello everyone,
On the H1 timeframe, the key focus right now is not a breakout attempt, but the fact that Bitcoin remains locked inside a well-defined accumulation range. Despite several sharp intraday moves, price continues to rotate between clear support and resistance boundaries, showing no structural commitment to a new trend yet.
After the previous impulsive rally into the 89,500–90,300 resistance zone, BTC was rejected aggressively, triggering a fast sell-off back into the 86,500–87,000 support zone. Importantly, this decline did not extend further. Instead of continuation lower, price stabilized and transitioned into sideways price action, which is typical behavior when the market is absorbing liquidity rather than trending.
From a structural perspective, there is no valid uptrend or downtrend on H1 at this stage. The market is printing range-bound swings, with highs capped below resistance and lows consistently defended above support. This tells us that sellers are active near the top of the range, while buyers are quietly absorbing supply near the bottom — a classic accumulation environment.
Technically, price remains trapped in the middle of the range, offering poor risk–reward for directional trades. The repeated failures near resistance and the lack of follow-through below support suggest indecision, not weakness. This type of structure often precedes an expansion phase, but direction cannot be assumed until the range is resolved.
Resistance zone: 89,500–90,300 — repeated rejections, strong supply present.
Support zone: 86,500–87,000 — demand holding firmly so far.
Range equilibrium: ~87,800–88,200 — noise area, best avoided.
As long as price remains inside this range, patience is the strategy. A clean breakout and acceptance above resistance would open the door for a bullish expansion toward the next liquidity pocket. Conversely, a decisive breakdown below support would signal that accumulation has failed and a deeper correction is underway.
Until then, Bitcoin is not trending it is preparing.
Wishing you all effective and disciplined trading.
thereum Is Not Trending — It’s Being NegotiatedCOINBASE:ETHUSD is currently trading inside a well-defined sideways range, with price repeatedly oscillating between a strong resistance zone near 3,050–3,080 and a support zone around 2,900–2,920. The chart clearly shows that neither buyers nor sellers have been able to establish sustained control, resulting in rotational price behavior rather than a directional trend.
From a price action standpoint, the recent impulsive rally into the upper resistance zone was met with immediate and aggressive selling pressure. The sharp rejection from this area confirms that supply remains dominant at higher prices, and the market has not yet accepted value above this resistance. Importantly, the rejection was followed by a fast retracement back into the range, a classic sign of failed continuation rather than a healthy breakout.
Structurally, COINBASE:ETHUSD continues to form overlapping highs and lows, which is characteristic of consolidation. There is no clear sequence of higher highs or lower lows on the 1H timeframe. Instead, price is rotating around the mid-range equilibrium near 2,940–2,960, where liquidity is actively exchanged. This reinforces the idea that the market is in a balance phase, not a trend phase.
The moving averages (EMA 34 and EMA 89) further support this neutral bias. Both averages are flattening and converging, with price frequently crossing above and below them. This behavior typically reflects compression and indecision, not momentum. Until price can hold decisively above the EMAs with expansion, or break below them with follow-through, directional conviction remains weak.
On the macro side, COINBASE:ETHUSD is currently lacking a strong catalyst. BITSTAMP:BTCUSD is consolidating, U.S. yields are relatively stable, and there is no immediate Fed driven volatility pushing risk assets decisively in one direction. As a result, COINBASE:ETHUSD is trading more on technical liquidity levels than on macro narrative, which explains the repeated range-bound reactions.
In summary, COINBASE:ETHUSD remains neutral and range-bound, capped by strong resistance overhead and supported by a well-defended demand zone below. The market is waiting for acceptance outside the range, not reacting to anticipation. Until a clean breakout or breakdown occurs with volume and follow-through, COINBASE:ETHUSD should be approached as a mean-reverting market, where patience and level-based execution matter more than directional bias.
EUR/USD Ends 2025 in a Box — Range Trading Dominates Into 2026EUR/USD on the 1H timeframe is clearly trading inside a well-defined sideways range, capped by a strong resistance zone near 1.1805–1.1820 and supported by a demand area around 1.1755–1.1765. Price has tested both boundaries multiple times without achieving a clean breakout, confirming that the market is currently balanced rather than trending.
From a technical structure perspective, price action is characterized by overlapping highs and lows. Each push toward the resistance zone is followed by rejection, while sell-offs into the support zone consistently attract buyers. This repeated rotation between the two zones highlights a liquidity-driven environment, where neither bulls nor bears have established directional control.
The EMA 34 and EMA 89 are relatively flat and closely aligned, with price oscillating around them. This behavior reinforces the absence of momentum and signals mean-reversion conditions, typical of consolidation phases. In trending markets, price tends to respect one side of key moving averages; here, frequent crossovers indicate indecision and short-term trading dominance.
From a macro standpoint, EUR/USD lacks a strong catalyst to break this range. The Federal Reserve and ECB are both expected to maintain cautious policy stances into early 2026, with rate expectations largely priced in. U.S. dollar strength has stabilized, while Euro-side data has not provided sufficient divergence to drive a sustained directional move. As a result, price continues to respond primarily to technical support and resistance, rather than macro expansion.
In summary, EUR/USD remains range-bound and neutral, trading between clearly defined liquidity zones. Until price achieves a decisive breakout with acceptance and volume above resistance or below support, sideways conditions are likely to persist. In this environment, disciplined execution around key levels is more effective than directional bias, as the market continues to reward patience over prediction.
BITCOIN STUCK in Accumulation ZoneBITSTAMP:BTCUSD remains in a range reaccumulation structure after rejecting the upper 89,800–90,300 resistance zone. The sharp impulse was followed by a pullback into the 87,000–87,500 support, where buyers are defending and price is stabilizing above the EMA cluster. Structure favors consolidation and rotation rather than immediate trend reversal.
As long as support holds, this looks like rebalancing before the next expansion, not distribution.
Resistance: 89,800 – 90,300
Support: 87,000 – 87,500
Range focus: 87,000 – 90,300
➡️ Primary: hold 87k → higher lows → rotation back toward 89.5k–90k.
⚠️ Risk: clean loss of 87k → deeper pullback toward the lower demand zone.
Gold has been moving in a strong bullish channel, but it is now Technical View:
Resistance Zone: The price is climbing towards a significant supply area between 4540.00 and 4633.00 (marked in red).
Channel Top: This resistance zone aligns perfectly with the upper boundary of the ascending channel.
Expectation: As price hits this upper structure, there is a high probability of a rejection or a pullback. I am watching for bearish reactions from this level to potentially correct downwards (as shown by the arrows).
Trade with care and manage your risk.
OANDA:XAUUSD FOREXCOM:XAUUSD ICMARKETS:XAUUSD SAXO:XAUUSD TVC:GOLD FOREXCOM:GOLD
This Is a Range — Not a Breakout YetCOINBASE:ETHUSD remains in a range-bound structure, respecting a clear support–resistance box. Price continues to rotate between the 2,900 support zone and the 3,050–3,100 resistance area, with repeated swing highs failing to break higher. This behavior signals range trading and liquidity rotation, not a trending expansion yet.
Recent upside attempts into resistance have been rejected, while buyers remain active near support, keeping the structure balanced. Until a decisive breakout occurs, ETH is likely to continue oscillating inside this range.
Resistance: 3,050 – 3,100
Support: 2,900 – 2,880
Range focus: 2,900 – 3,100
➡️ Primary: hold above 2,900 → range continuation → rotation back toward 3,050–3,100.
⚠️ Risk: clean break below 2,900 → downside extension toward the lower demand zone.
AUDNZD My Opinion! SELL!
My dear subscribers,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.1523 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1469
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK






















