I’m keeping an eye on potential shorts as we head into the new trading week. A double top (inverse W) pattern seems to be forming here, but I’m waiting for confirmation. Specifically, I want to see a strong push below the red liquidity zone and some consolidation along the negative trendline before entering any short positions.
On the flip side, if we see a confident rejection off the liquidity zone and price starts climbing toward the 534 level (white zone), I’ll shift my focus to potential longs.
Patience is key here—waiting for the market to show its hand before making any moves. Let me know your thoughts or if you’re spotting anything else in the charts!
On the flip side, if we see a confident rejection off the liquidity zone and price starts climbing toward the 534 level (white zone), I’ll shift my focus to potential longs.
Patience is key here—waiting for the market to show its hand before making any moves. Let me know your thoughts or if you’re spotting anything else in the charts!
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