$ALABB — Bearish Structure, Rejection Loading 🩸
Bias: Bearish
Preferred Entry: M15 retracement to VWAP (282.21) or EMA8 (279.44)
Trigger: M15 bearish rejection / lower high
Targets: 278.13 / 276.00
Invalidation: M15 close above 282.21 (VWAP)
Why:
H4 is bearish with price below VWAP (281.05) and EMA8 (282.15).
M15 is consolidating near the low; a retest of dynamic resistance is likely.
A rejection at VWAP/EMA8 would confirm sellers in control.
Confirmation:
Wait for a bearish M15 candle close near VWAP/EMA8.
Not financial advice. DYOR and manage your risk.
Rejection or reclaim? 👇 $ALAB
#Write2Earn #ALAB #TechnicalAnalysis #AlibabaRaises$10.2BInHKShareSale
Bias: Bearish
Preferred Entry: M15 retracement to VWAP (282.21) or EMA8 (279.44)
Trigger: M15 bearish rejection / lower high
Targets: 278.13 / 276.00
Invalidation: M15 close above 282.21 (VWAP)
Why:
H4 is bearish with price below VWAP (281.05) and EMA8 (282.15).
M15 is consolidating near the low; a retest of dynamic resistance is likely.
A rejection at VWAP/EMA8 would confirm sellers in control.
Confirmation:
Wait for a bearish M15 candle close near VWAP/EMA8.
Not financial advice. DYOR and manage your risk.
Rejection or reclaim? 👇 $ALAB
#Write2Earn #ALAB #TechnicalAnalysis #AlibabaRaises$10.2BInHKShareSale