Strong CHoCH + Demand zone = High-probability bullish continuation setup!" ✅
Key Highlights:
🔴 Multiple BOS confirm bearish trend continuation up to late June.
🔵 CHoCH on early July marks a potential bullish reversal zone.
📉 Price currently retracing into a demand zone (highlighted blue box) for potential long entries.
🔮 Expected bullish leg targeting the 3,350–3,400 zone before another possible correction.
🧠 Projected schematic aligns with Wyckoff accumulation + SMC concepts—anticipating further BOS and CHoCH as price unfolds.
📅 Watch for upcoming U.S. economic events that may influence volatility (shown with news icons).
📌 Bias: Bullish above demand zone | Invalidation: Clean break below demand and failure to hold above recent BOS.
Key Highlights:
🔴 Multiple BOS confirm bearish trend continuation up to late June.
🔵 CHoCH on early July marks a potential bullish reversal zone.
📉 Price currently retracing into a demand zone (highlighted blue box) for potential long entries.
🔮 Expected bullish leg targeting the 3,350–3,400 zone before another possible correction.
🧠 Projected schematic aligns with Wyckoff accumulation + SMC concepts—anticipating further BOS and CHoCH as price unfolds.
📅 Watch for upcoming U.S. economic events that may influence volatility (shown with news icons).
📌 Bias: Bullish above demand zone | Invalidation: Clean break below demand and failure to hold above recent BOS.
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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.
Related publications
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.