After the recent Change of Character (ChoCH) and breakdown into a lower low, the market has established a new dealing range and change of bias. When price action trades inside the premium retracement zone (62.5%–75%), where we identified two heavy negative delta clusters, suggesting aggressive sell-side interest, we have just to wait a trigger.
Internal Supply (H1): aligned with the 62.5%-75% retracement and negative delta.
External Supply (H1): positioned at the extreme premium retracement, acting as a structural resistance wall for the bearish bias.
Unless price achieves a clear breakout and acceptance above these zones, the bias remains bearish, with continuation favored in line with the newly established structure.
Internal Supply (H1): aligned with the 62.5%-75% retracement and negative delta.
External Supply (H1): positioned at the extreme premium retracement, acting as a structural resistance wall for the bearish bias.
Unless price achieves a clear breakout and acceptance above these zones, the bias remains bearish, with continuation favored in line with the newly established structure.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.