As expected in the previous review, the price has reached the local point B.
Now the market stands at a crossroads, so let’s look at the possible scenarios for the upcoming week.
Plan A – Correction Within the Daily Order Flow
The first scenario suggests a slight correction.
The price may move into a small pullback within the daily order flow, find support there, and continue the movement toward point B.
As long as the market structure remains bullish, this scenario stays the main one.
Plan B – Possible Decline
However, we don’t cancel the bearish scenario.
Right now, the price is trading inside the weekly key level, and taking out the fractal high often acts as an indicator of a possible trend reversal.
That’s why, if the price breaks below the lower boundary of the daily order flow, I’ll start considering short setups.
Summary
Overall, the structure is still under pressure from major levels, and the coming week will show who takes control — buyers or sellers.
I’ll continue to monitor the reaction within the daily order flow zone and update the outlook in the next review.
Now the market stands at a crossroads, so let’s look at the possible scenarios for the upcoming week.
Plan A – Correction Within the Daily Order Flow
The first scenario suggests a slight correction.
The price may move into a small pullback within the daily order flow, find support there, and continue the movement toward point B.
As long as the market structure remains bullish, this scenario stays the main one.
Plan B – Possible Decline
However, we don’t cancel the bearish scenario.
Right now, the price is trading inside the weekly key level, and taking out the fractal high often acts as an indicator of a possible trend reversal.
That’s why, if the price breaks below the lower boundary of the daily order flow, I’ll start considering short setups.
Summary
Overall, the structure is still under pressure from major levels, and the coming week will show who takes control — buyers or sellers.
I’ll continue to monitor the reaction within the daily order flow zone and update the outlook in the next review.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.