You're looking at the Micro E-mini S&P 500 Index Futures (MES) on the 1-hour timeframe, overlaid with:
Market structure labels (CHoCH/BOS/EQH)
SuperTrend (10,3)
Trendline
RSI and volume at the bottom
🧭 Overall Trend:
Primary Trend: Bullish, with steady higher highs and higher lows.
Recent Activity: Price reclaimed above structure and is holding near the highs, just above the trendline.
SuperTrend: Still green (bullish)
RSI: Cooling off from overbought; currently in the neutral zone ~50.
📊 Structure Analysis:
Multiple CHoCHs and BOS show aggressive but healthy pullbacks in an uptrend.
Most recent CHoCH to upside, followed by a BOS and a new higher high confirms bullish continuation.
Price bounced from the trendline after a quick dip — key bullish signal.
✅ Suggested Approach:
🟢 Bias: Bullish (Trend Continuation)
As long as price holds above 6,322–6,335, bulls remain in control.
🎯 Long Setup (Preferred):
Entry Zone: 6,335–6,345 (on minor pullback)
Stop: Below 6,312 (under last swing low + trendline)
Target 1: 6,380 (recent high zone)
Target 2: 6,410+ (price discovery)
Optional: Scale in near the trendline support on lower timeframe confirmations.
🔻 Invalidation / Short Setup:
If price breaks below 6,312 with volume and closes under trendline:
Short Bias Activation
Target: 6,280 → 6,250
Stop: Above 6,340
🧠 Final Notes:
Momentum is still healthy but watch RSI divergence.
Volume confirms continuation, not exhaustion.
Prefer buying dips unless trendline breaks cleanly.
Let me know if you want a multi-timeframe confluence or position sizing calc.
Market structure labels (CHoCH/BOS/EQH)
SuperTrend (10,3)
Trendline
RSI and volume at the bottom
🧭 Overall Trend:
Primary Trend: Bullish, with steady higher highs and higher lows.
Recent Activity: Price reclaimed above structure and is holding near the highs, just above the trendline.
SuperTrend: Still green (bullish)
RSI: Cooling off from overbought; currently in the neutral zone ~50.
📊 Structure Analysis:
Multiple CHoCHs and BOS show aggressive but healthy pullbacks in an uptrend.
Most recent CHoCH to upside, followed by a BOS and a new higher high confirms bullish continuation.
Price bounced from the trendline after a quick dip — key bullish signal.
✅ Suggested Approach:
🟢 Bias: Bullish (Trend Continuation)
As long as price holds above 6,322–6,335, bulls remain in control.
🎯 Long Setup (Preferred):
Entry Zone: 6,335–6,345 (on minor pullback)
Stop: Below 6,312 (under last swing low + trendline)
Target 1: 6,380 (recent high zone)
Target 2: 6,410+ (price discovery)
Optional: Scale in near the trendline support on lower timeframe confirmations.
🔻 Invalidation / Short Setup:
If price breaks below 6,312 with volume and closes under trendline:
Short Bias Activation
Target: 6,280 → 6,250
Stop: Above 6,340
🧠 Final Notes:
Momentum is still healthy but watch RSI divergence.
Volume confirms continuation, not exhaustion.
Prefer buying dips unless trendline breaks cleanly.
Let me know if you want a multi-timeframe confluence or position sizing calc.
Pernyataan Penyangkalan
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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.