High-Level Strategy (Monthly/Weekly/Daily Recap)
Overall Market Condition: The primary trend has shifted from Bullish to Bearish/Corrective due to the Monthly Bearish Engulfing and Weekly Three Black Crows patterns.
Immediate Tactical Bias: The Daily Bullish Harami pattern strongly indicates a pause in the downtrend and the high probability of a short-term corrective rally (a "bounce").
Our Goal: To map out the entry, targets, and invalidation levels for this anticipated bounce.
Deep Dive: The Lower Timeframes (4H, 1H, 30M, 15M, 5M)
Consolidation After the Low (4H & 1H):
The Trigger (15M & 5M):
The Full Storyboard: From Entry to Exit with Price Levels
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
Overall Market Condition: The primary trend has shifted from Bullish to Bearish/Corrective due to the Monthly Bearish Engulfing and Weekly Three Black Crows patterns.
Immediate Tactical Bias: The Daily Bullish Harami pattern strongly indicates a pause in the downtrend and the high probability of a short-term corrective rally (a "bounce").
Our Goal: To map out the entry, targets, and invalidation levels for this anticipated bounce.
Deep Dive: The Lower Timeframes (4H, 1H, 30M, 15M, 5M)
Consolidation After the Low (4H & 1H):
The Trigger (15M & 5M):
The Full Storyboard: From Entry to Exit with Price Levels
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
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.
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.