S Remains Under Bearish Pressure…!
Yello Paradisers! are you prepared for a potentially sharp downside move on #S, or are you still treating this as “just a healthy pullback” while the market continues to show clear signs of distribution? #S has formed a buying climax followed by climactic action, swept the upper trigger line, failed to hold higher levels, and then broke below the lower trigger line while also printing an upthrust test. At the same time, price continues to respect the descending resistance trend-line and the order block zone, while momentum is gradually shifting back toward the downside. Taken together, these confirmations are strengthening the bearish probability and suggest that this is no longer a random retracement, but a high-risk structure where patience and confirmation matter more than opinions.
💎#S formed a buying climax followed by a climactic action bar. This combination typically shows distribution. In simple terms, institutions use these aggressive spikes to offload positions into retail enthusiasm. When the crowd feels confident, smart money distributes quietly.
💎#S swept the upper trigger line of the buying climax but failed to sustain higher levels. This was followed by a candle breaking below the lower trigger line, which is a major probability that supply is taking control. We have also seen an upthrust test, adding even more weight to the bearish scenario. If bearish momentum continues, the next major downside target sits around 1950, and it could be reached sooner than many traders expect.
💎#S continues to respect the descending resistance trend-line and has once again failed to establish acceptance above it. This rejection keeps the broader structure bearish. During the retracement, price also respected the 4H order block zone, while momentum has gradually started shifting back toward the downside. Together, these factors continue to increase the probability of another bearish continuation.
💎As long as price holds momentum within the order block zone the probability favours continuation lower. The immediate minor support sits around 2090, which now acts as the first downside magnet if selling pressure persists.
💎If #S manages to break above the key resistance at 2370 with a strong momentum candle, this whole bearish probability would be invalidated, and we could instead see a bullish continuation. As always, we do not force a bias. We allow price to confirm the next move before taking action.
Discipline is key, Paradisers! The charts may look volatile, but this is where professionals thrive and amateurs panic. Don’t let emotions guide your trades. Wait for clear confirmation and manage risk like a pro. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
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