๐ Market Breakdown Alert!
Price is clearly moving inside a strong bearish channel, respecting lower highs and lower lows. After a rejection from the supply zone (Strong High), we saw a clean CHoCH followed by multiple BOS confirmations โ sellers are in full control.
๐ป Key Insights: โข Bearish structure intact
โข Strong rejection from supply zone
โข Clean downward channel formation
โข Weak Low being targeted
โ ๏ธ What to Watch: If price breaks below the Weak Low zone, expect further continuation down. But if we see a strong rejection here, a short-term pullback inside the channel could happen.
๐ฏ Strategy Idea: Wait for retracement to the channel top or supply zone before entering fresh sells โ donโt chase the move.
๐ฐ Result: Best profit done โ Trade followed the plan perfectly!
#Forex #Trading $BTC #BTC #Gold #CryptoTrading
Price is clearly moving inside a strong bearish channel, respecting lower highs and lower lows. After a rejection from the supply zone (Strong High), we saw a clean CHoCH followed by multiple BOS confirmations โ sellers are in full control.
๐ป Key Insights: โข Bearish structure intact
โข Strong rejection from supply zone
โข Clean downward channel formation
โข Weak Low being targeted
โ ๏ธ What to Watch: If price breaks below the Weak Low zone, expect further continuation down. But if we see a strong rejection here, a short-term pullback inside the channel could happen.
๐ฏ Strategy Idea: Wait for retracement to the channel top or supply zone before entering fresh sells โ donโt chase the move.
๐ฐ Result: Best profit done โ Trade followed the plan perfectly!
#Forex #Trading $BTC #BTC #Gold #CryptoTrading
