US30 / UNDER CPI PRESSURE / 4H
Updated
US30 /4H TIME FRAME
HELLO TRADERS
The analysis begins by noting a profitable decline of 590 pips, indicating that the asset has experienced a significant downward movement recently, which has been profitable for traders taking short positions.
The price is approaching an FVG zone between 43,381 and 42,984. A Fair Value Gap typically represents an area where the price may experience consolidation, or a period of sideways movement, before it makes a decision to either move higher or lower.
If consolidation occurs within the FVG, the price may rise toward a supply zone (44,252 to 44,532), which suggests a resistance area where selling pressure could occur, preventing the price from moving higher.
The analysis highlights a bearish sentiment, meaning the overall expectation is for the price to continue moving downward unless there is a breakout above the supply zone , If the price fails to stabilize above the FVG, further decline is expected. The target for this decline is a support zone between 42,716 and 42,335, where buyers might enter, potentially halting the downward move.
The downward pressure is noted as the dominant force unless the price manages to break above the supply zone ,Traders will need to watch whether the asset stabilizes within the FVG, as this will determine whether the bearish trend continues or a reversal occurs.
HELLO TRADERS
The analysis begins by noting a profitable decline of 590 pips, indicating that the asset has experienced a significant downward movement recently, which has been profitable for traders taking short positions.
The price is approaching an FVG zone between 43,381 and 42,984. A Fair Value Gap typically represents an area where the price may experience consolidation, or a period of sideways movement, before it makes a decision to either move higher or lower.
If consolidation occurs within the FVG, the price may rise toward a supply zone (44,252 to 44,532), which suggests a resistance area where selling pressure could occur, preventing the price from moving higher.
The analysis highlights a bearish sentiment, meaning the overall expectation is for the price to continue moving downward unless there is a breakout above the supply zone , If the price fails to stabilize above the FVG, further decline is expected. The target for this decline is a support zone between 42,716 and 42,335, where buyers might enter, potentially halting the downward move.
The downward pressure is noted as the dominant force unless the price manages to break above the supply zone ,Traders will need to watch whether the asset stabilizes within the FVG, as this will determine whether the bearish trend continues or a reversal occurs.
Trade active
UPDATE
Supply Zone , The analysis identifies a supply zone between the price range of 44,252 and 44,532. A supply zone is a level where selling pressure might outweigh buying pressure, potentially causing a price decline.
Stabilization Below Supply Zone , The text suggests that prices are currently stabilizing below this zone, indicating a lack of strong upward momentum. This could mean a potential pause or reversal in the price rise.
Potential Decline to FVG , The term “FVG” likely refers to a Fair Value Gap, a price level where there is a disparity in supply and demand. The analyst suggests that the price may decline to an FVG range between 43,381 and 42,984 before finding support.
Expecting Rebound and New ATH , After stabilizing above the FVG, the analysis predicts a potential rebound, with prices increasing back to the supply zone and potentially reaching a new all-time high (ATH) around 44,715.
Overall Upward Pressure, Despite the short-term fluctuations, the analysis maintains an optimistic view with “overall trading under downward pressure,” indicating a bearish outlook for the asset.
Trade closed: target reached
reached full target
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