Price Levels and Fibonacci Retracement:
The chart includes a Fibonacci retracement overlay (from swing high to swing low) with common levels like 0.5, 0.618, 0.705, and 0.786, suggesting potential retracement zones where price might react.
The levels are clustered around the 95,839–96,151 range.
2. SMC Concepts:
BOS (Break of Structure) and ChoCH (Change of Character): These terms indicate key market structure changes. BOS typically signals continuation, while ChoCH hints at potential reversals.
You can see several BOS and ChoCH markings throughout the chart, reflecting bullish and bearish shifts.
3. FVG (Fair Value Gaps):
Multiple FVG zones are marked on the chart. These are areas where price moved rapidly, leaving inefficient zones that might later get "filled" or revisited.
They're mostly clustered between 95,000 and 96,000, indicating potential retracement targets.
4. Trade Setup:
A potential short trade setup is marked with a red-to-green rectangle:
Entry zone: Around 96,737–97,470
Stop loss: 97,588
Take profit zone: 93,468–92,946
This suggests the trader anticipates a rejection from the current supply area (also supported by FVGs and Fibonacci resistance), targeting a move down toward the next liquidity zone.
The chart includes a Fibonacci retracement overlay (from swing high to swing low) with common levels like 0.5, 0.618, 0.705, and 0.786, suggesting potential retracement zones where price might react.
The levels are clustered around the 95,839–96,151 range.
2. SMC Concepts:
BOS (Break of Structure) and ChoCH (Change of Character): These terms indicate key market structure changes. BOS typically signals continuation, while ChoCH hints at potential reversals.
You can see several BOS and ChoCH markings throughout the chart, reflecting bullish and bearish shifts.
3. FVG (Fair Value Gaps):
Multiple FVG zones are marked on the chart. These are areas where price moved rapidly, leaving inefficient zones that might later get "filled" or revisited.
They're mostly clustered between 95,000 and 96,000, indicating potential retracement targets.
4. Trade Setup:
A potential short trade setup is marked with a red-to-green rectangle:
Entry zone: Around 96,737–97,470
Stop loss: 97,588
Take profit zone: 93,468–92,946
This suggests the trader anticipates a rejection from the current supply area (also supported by FVGs and Fibonacci resistance), targeting a move down toward the next liquidity zone.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.