CYBER POTENTIAL DOWN

147
1. Market Condition

The market is currently in a downtrend on the 15-minute timeframe. Price has just broken below a minor support level and is moving toward a temporary demand area before a potential retest of the supply zone (around 2.8391). The structure is still forming lower highs and lower lows, indicating seller dominance.

2. Decision-Making Approach

Primary Scenario: Wait for price to retrace toward the supply/retracement zone (around 2.83–2.84) to look for sell opportunities in line with the prevailing trend.

Confirmation: Look for rejection or reversal candlestick patterns in the supply zone before entering.

Targets: As marked on the chart, potential take-profit levels are around 2.7530, 2.7274, and 2.6865.

Stop Loss: Place just above the supply zone to manage risk effectively.

3. Chart Explanation

Fibonacci Retracement & Extension: Used to measure potential pullback levels and the next downside targets.

Supply Zone: The red area above indicates a potential seller re-entry zone.

Arrows & Price Path: Illustrates the expected movement — pullback to supply followed by a drop toward the targets.

Price Labels: 2.7530, 2.7274, and 2.6865 are projected downside targets based on technical analysis.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน