Market Outlook: "At a Crossroads"
Current Bias: Slightly Bullish (60% Bullish / 40% Bearish)
1. Wyckoff Perspective (Accumulation)
- Structure: We have successfully completed the SC → AR → ST → Spring sequence.
- Status: A clear accumulation structure is in place. Following the Spring, we are currently seeing active demand entering the market, positioning us in the LPS (Last Point of Support) / SOS (Sign of Strength) phase.
- Takeaway: Smart money has likely initiated accumulation.
2. Technical Structure & Trend
- Progress: Higher Low established post-Spring; Downtrend line successfully broken.
- Bottlenecks: Price remains capped by key overhead resistance and supply zones.
- Trend Status: Shifted from Downtrend to Sideways-Up. (Not yet confirmed as a full-blown Uptrend).
3. Volume & Momentum
- Volume: Lacks the explosive volume typically seen in an aggressive markup phase.
- Momentum: Neutral, with a slight bullish tilt.
- Takeaway: Momentum is building, but we are waiting for confirmation volume to validate the move.
Current Bias: Slightly Bullish (60% Bullish / 40% Bearish)
1. Wyckoff Perspective (Accumulation)
- Structure: We have successfully completed the SC → AR → ST → Spring sequence.
- Status: A clear accumulation structure is in place. Following the Spring, we are currently seeing active demand entering the market, positioning us in the LPS (Last Point of Support) / SOS (Sign of Strength) phase.
- Takeaway: Smart money has likely initiated accumulation.
2. Technical Structure & Trend
- Progress: Higher Low established post-Spring; Downtrend line successfully broken.
- Bottlenecks: Price remains capped by key overhead resistance and supply zones.
- Trend Status: Shifted from Downtrend to Sideways-Up. (Not yet confirmed as a full-blown Uptrend).
3. Volume & Momentum
- Volume: Lacks the explosive volume typically seen in an aggressive markup phase.
- Momentum: Neutral, with a slight bullish tilt.
- Takeaway: Momentum is building, but we are waiting for confirmation volume to validate the move.
Trade active
Now, we already test LPS already the price go down 61.8% from the SOS of wave 1 Impulse Cycle 
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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.