Noticing an interesting structural similarity on the weekly chart, where a previous impulsive move (highlighted) was followed by a prolonged corrective phase confined within dynamic support and resistance lines. The current price action is developing above a rising support and beneath a descending trendline, reflecting the classic ingredients of compression after expansion seen earlier.
This type of setup warrants attention for those studying recurring market behaviours and pattern symmetry.
No directional bias—just a pure market structure observation drawn from historical context.
This type of setup warrants attention for those studying recurring market behaviours and pattern symmetry.
No directional bias—just a pure market structure observation drawn from historical context.
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🎯 Master My Self-Made Trading Strategy
📈 Telegram (Learn Today): t.me/hashtaghammer
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📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
