Failed Tenkan reclaim on 4H.
Price remains trapped below a thick bearish Kumo.
Weekly has now closed three consecutive candles below Kijun — momentum clearly shifting.
Chikou is free. Structure is heavy.
Unless 267120 is taken out decisively on a 4H closing basis, downside pressure persists.
235690 → 229850 → 224000 → 218150 remain in focus.
Sellers control the tape until equilibrium is reclaimed.
Price remains trapped below a thick bearish Kumo.
Weekly has now closed three consecutive candles below Kijun — momentum clearly shifting.
Chikou is free. Structure is heavy.
Unless 267120 is taken out decisively on a 4H closing basis, downside pressure persists.
235690 → 229850 → 224000 → 218150 remain in focus.
Sellers control the tape until equilibrium is reclaimed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.