2026-06-12 07:50 UTC
Price failed to sustain above the resistance level, indicating a lack of bullish momentum.
Evidence The candle on 2026-05-19 reached a high of 4.25734 but closed below the resistance level.
Price tested the lower boundary of the range, confirming support.
Evidence The low on 2026-05-27 was 4.2199, which aligns with previous support levels.
Current candle shows indecision within the range, with a bearish close below VWAP.
Evidence The candle on 2026-06-07 closed at 4.24019, below its VWAP of 4.242.
Latest candle shows a bullish reaction within the range, closing above VWAP.
Evidence The candle on 2026-06-09 closed at 4.25016, above its VWAP of 4.2461.
Latest candle defines the current reaction state.
Evidence Latest candle type: upper_wick_rejection; close position 0.128.
High volume with a small body suggests absorption of selling pressure.
Evidence Volume on 2026-05-31 was significantly higher than average with a small body candle.
Increased volume on a bearish candle indicates potential selling pressure.
Evidence Volume on 2026-06-07 was significantly higher than the 20-day average.
Auto-exit long position by take_profit.
AUTO EXIT · TAKE PROFIT
Auto-exit long position by take_profit.
The open long position was mechanically closed because take_profit was reached on the current candle. Mechanical SL/TP execution has priority, so this iteration ends after the close and no new position is opened until the next iteration.
- Mechanical exit reason: take_profit.
- Entry price: 4.2427.
- Exit price: 4.25734.
- Closed PnL percent: 0.345063.
Wait for the next iteration to reassess the market from a flat state.