The Rectangle Flirting with a Drop" 😏📉
Like the market is saying: "Wait for me, boss… I’ll surprise you with a drop that’ll make the crowd cheer."
Tokyo? Feels like standing on the bridge at 5 AM — totally quiet. The real action starts when London comes in.
🥊 Quick Story, Boss
Right now, we’re in a small box of supply and demand.
The market is just chilling, drinking tea, waiting for London to wake up.
1. The Pattern (Price Shape)
Schabacker says: when price moves sideways after going down, most of the time it will keep going down.
This is called a bearish rectangle.
2. War Zones
Resistance: around 3380 – 3383 (price goes up there, gets smacked down).
Support: around 3370 – 3372 (price drops there, finds some buyers to stop it).
3. Volume
Tokyo is sleeping, volume is very weak.
Schabacker says: “If price breaks without volume, it means nothing.”
So, the big move didn’t come yet.
4. Trend
Price was falling before entering the box, so logic says: if support breaks, price will keep falling.
5. Market Psychology
Big traders now are selling slowly inside the box, giving their stock to beginners who think price will go up.
🎯 Schabacker’s Bottom Line
Wait for price to break 3370 with high volume.
When it happens, the drop will be fast.
🔥 Example Trade (Educational)
Order Type: Sell Stop (sell when price drops)
Entry: 3369.50
Stop Loss: 3376.50
Take Profit: 3355.50
Reason: Strong resistance above, weak volume above, main trend is down, and Schabacker says this is a drop signal.
Like the market is saying: "Wait for me, boss… I’ll surprise you with a drop that’ll make the crowd cheer."
Tokyo? Feels like standing on the bridge at 5 AM — totally quiet. The real action starts when London comes in.
🥊 Quick Story, Boss
Right now, we’re in a small box of supply and demand.
The market is just chilling, drinking tea, waiting for London to wake up.
1. The Pattern (Price Shape)
Schabacker says: when price moves sideways after going down, most of the time it will keep going down.
This is called a bearish rectangle.
2. War Zones
Resistance: around 3380 – 3383 (price goes up there, gets smacked down).
Support: around 3370 – 3372 (price drops there, finds some buyers to stop it).
3. Volume
Tokyo is sleeping, volume is very weak.
Schabacker says: “If price breaks without volume, it means nothing.”
So, the big move didn’t come yet.
4. Trend
Price was falling before entering the box, so logic says: if support breaks, price will keep falling.
5. Market Psychology
Big traders now are selling slowly inside the box, giving their stock to beginners who think price will go up.
🎯 Schabacker’s Bottom Line
Wait for price to break 3370 with high volume.
When it happens, the drop will be fast.
🔥 Example Trade (Educational)
Order Type: Sell Stop (sell when price drops)
Entry: 3369.50
Stop Loss: 3376.50
Take Profit: 3355.50
Reason: Strong resistance above, weak volume above, main trend is down, and Schabacker says this is a drop signal.
لو عايز تبقى واحد من اللي بيفهموا في الدهب وبيكسبوا من السوق صح،
🎯 للدهب والفرص الحقيقية تابعنا من هنا:
For gold updates & smart trades 👇
t.me/GOLDontheNILE
You're welcome to join my Telegram channel
انضم وابقى من اللعيبة مش من الجمهور💰🔥
🎯 للدهب والفرص الحقيقية تابعنا من هنا:
For gold updates & smart trades 👇
t.me/GOLDontheNILE
You're welcome to join my Telegram channel
انضم وابقى من اللعيبة مش من الجمهور💰🔥
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.
لو عايز تبقى واحد من اللي بيفهموا في الدهب وبيكسبوا من السوق صح،
🎯 للدهب والفرص الحقيقية تابعنا من هنا:
For gold updates & smart trades 👇
t.me/GOLDontheNILE
You're welcome to join my Telegram channel
انضم وابقى من اللعيبة مش من الجمهور💰🔥
🎯 للدهب والفرص الحقيقية تابعنا من هنا:
For gold updates & smart trades 👇
t.me/GOLDontheNILE
You're welcome to join my Telegram channel
انضم وابقى من اللعيبة مش من الجمهور💰🔥
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.