Today’s long red candle shows strong rejection, high conviction selling
Today’s 4H bounce at the center band looks more like technical support hold, not yet bullish reversal
Trigger to watch is a daily close under $568, or weakness that can’t reclaim $570
Today’s 4H bounce at the center band looks more like technical support hold, not yet bullish reversal
- So short-term the market is testing balance at $570
- If it loses $570, downside continuation is favored
- If it recaptures $576 quickly, squeeze potential kicks in
Trigger to watch is a daily close under $568, or weakness that can’t reclaim $570
I am not a licensed professional & these posts are for informational purposes only, not financial advice.
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I am not a licensed professional & these posts are for informational purposes only, not financial advice.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.