Sui Bear Flag !! Big Cluster liquidity area

21 Mar

Bearish Continuation Trade Idea - Potential Breakdown from Bear Flag

📉 Market Outlook:
The price has been in a strong downtrend, forming a bear flag after an impulsive move downward. This pattern is typically a continuation signal, suggesting further downside if the price breaks below the flag structure.



📍 Key Observations:
1️⃣ Big Cluster Liquidity Area: The highlighted zone marks an area where the price previously accumulated/distributed liquidity before a strong breakout. Now that the price has fallen below this region, it is acting as a major resistance.
2️⃣ Bear Flag Formation: After a steep decline, the price is moving inside a narrow ascending channel, which often acts as a bearish continuation pattern.
3️⃣ Potential Breakdown: A clear break below the lower boundary of the flag could confirm the next leg down.

🔴 Trade Plan (Short Setup):

Entry Trigger: Wait for a confirmed breakdown below the bear flag's lower boundary, ideally with a strong bearish candle close.
Stop Loss: Place above the recent swing high inside the flag to limit risk.
Take Profit Targets:
First target: Recent swing low
Second target: Major support zone with historical liquidity
⚠️ Risk Management:

Position sizing should align with your risk tolerance.
Beware of false breakouts; a confirmed breakdown with strong momentum is preferred.
Monitor macroeconomic events that might cause volatility.
📌 Conclusion:
The overall trend remains bearish, and the formation of a bear flag suggests further downside if confirmed. If the price breaks lower with conviction, sellers may push it toward key support levels.

🔔 Disclaimer: This is NOT financial advice. Always conduct your own analysis and manage risk accordingly.

Would love to hear your thoughts—drop a comment below! 🚀🔥

4 Nis

İşlem aktif

Large cluster liquidity areas need to be cleared,
if you want to see higher.