🔺 V3 Pattern (Bullish) — what it is
The V3 pattern is a short-term exhaustion structure that appears after a move into support.
It typically reflects:
▶️ a sharp move down
▶️ followed by loss of downside momentum
▶️ and early rejection at a key level
In simple terms:
“Sellers pushed price lower — but couldn’t sustain it.”
DAL is currently trading within a broader range, but recent price action suggests a potential reaction at a key support confluence.
From a technical standpoint:
▶️ Price has pulled back into the 20/50 week EMA zone, which is acting as dynamic support
▶️ This area aligns closely with the Point of Control (POC) from the volume profile
▶️ The reaction is occurring after a sharp downside move, indicating potential exhaustion
▶️ Recent candles show rejection from lower levels and attempts to stabilize
▶️ RSI is holding mid-range, suggesting no strong bearish continuation
Structurally neutral — but reacting at high-confluence support.
⸻
📊 Context from the chart
Looking left:
▶️ The POC has consistently acted as a magnet and reaction zone
▶️ Prior interactions with this level led to rotations rather than clean breakdowns
▶️ The current pullback is testing value, not expanding away from it
⸻
🧬 Framework note
This analysis builds on concepts from an earlier version of my CBRA framework (originally published here in TradingView for binary options).
🎯 Trade idea
This is a long setup at support within a rotational structure.
The idea:
▶️ long the reaction at POC + EMA confluence
▶️ use that zone as invalidation
▶️ target a move back toward the upper range if support holds
⸻
🧠 Summary
⤴️ Structure = range / neutral
🔁 Condition = pullback into value
📈 Setup = V3 bullish exhaustion
↗️ Bias = upside rotation if support holds
Happy pip hunting!
The V3 pattern is a short-term exhaustion structure that appears after a move into support.
It typically reflects:
▶️ a sharp move down
▶️ followed by loss of downside momentum
▶️ and early rejection at a key level
In simple terms:
“Sellers pushed price lower — but couldn’t sustain it.”
DAL is currently trading within a broader range, but recent price action suggests a potential reaction at a key support confluence.
From a technical standpoint:
▶️ Price has pulled back into the 20/50 week EMA zone, which is acting as dynamic support
▶️ This area aligns closely with the Point of Control (POC) from the volume profile
▶️ The reaction is occurring after a sharp downside move, indicating potential exhaustion
▶️ Recent candles show rejection from lower levels and attempts to stabilize
▶️ RSI is holding mid-range, suggesting no strong bearish continuation
Structurally neutral — but reacting at high-confluence support.
⸻
📊 Context from the chart
Looking left:
▶️ The POC has consistently acted as a magnet and reaction zone
▶️ Prior interactions with this level led to rotations rather than clean breakdowns
▶️ The current pullback is testing value, not expanding away from it
⸻
🧬 Framework note
This analysis builds on concepts from an earlier version of my CBRA framework (originally published here in TradingView for binary options).
🎯 Trade idea
This is a long setup at support within a rotational structure.
The idea:
▶️ long the reaction at POC + EMA confluence
▶️ use that zone as invalidation
▶️ target a move back toward the upper range if support holds
⸻
🧠 Summary
⤴️ Structure = range / neutral
🔁 Condition = pullback into value
📈 Setup = V3 bullish exhaustion
↗️ Bias = upside rotation if support holds
Happy pip hunting!
Trade closed manually
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.