2026-06-18 09:54 UTC
Scenario evidence 6 markers Open evidence Close evidence
Price reached a high of 232.28 but failed to sustain above, indicating a failed breakout.
Evidence The candle on 2026-06-02 shows a high with a close significantly lower, suggesting rejection.
Price found temporary support at 199.34, forming a swing low.
Evidence The candle on 2026-06-09 has a long lower wick, indicating buying interest at lower levels.
Price formed a lower high at 212.71, failing to reach previous highs.
Evidence The candle on 2026-06-15 shows a high that is lower than the failed breakout high.
Price is currently retesting the previous support level as resistance.
Evidence The latest candle on 2026-06-17 shows a close below the open, indicating selling pressure.
Climactic volume on 2026-06-05 suggests a potential reversal or pause in trend.
Evidence Volume on 2026-06-05 was extremely high, with a large range candle.
High volume on 2026-06-09 indicates strong selling pressure at higher levels.
Evidence Volume on 2026-06-09 was significantly above average, with a long lower wick.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 204.65
- Current
- 204.65
- SL
- 212.71
- TP
- 199.34
Price is in a failed breakout regime, retesting previous support as resistance. Key levels and volume suggest potential for further downside unless reclaimed.
OPEN SHORT
Initiating a short position based on bearish technical signals.
Price
204.65
PnL
0.00%
Side
SHORT
Initiating a short position based on bearish technical signals.
OPEN SHORT
Initiating a short position based on bearish technical signals.
The technical analysis indicates a failed breakout with price retesting previous support as resistance, suggesting further downside potential.
Stop loss set above the resistance level at 212.71, take profit set at the swing low support level at 199.34.
- Price is retesting previous support as resistance after a failed breakout.
- The latest candle shows a close below the open, indicating selling pressure.
- High volume rejections at key levels indicate strong selling pressure.
- Failure to reclaim resistance zone suggests continuation of downtrend.
Monitor if price can reclaim the resistance zone or if it continues to face rejection.




