$Rune just printed a Swing Failure Pattern right at that previous local top. The good news? Still holding a Higher Low structure, chilling around the AVWAP zone.
But here's the tricky part - there's a pretty nasty resistance confluence stacking up above current price. We're talking VAL meeting the Daily timeframe level, plus that Fibonacci Gap sitting right there... If price gets rejected at that cluster, things could get messy real quick. Not the cleanest setup tbh.
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StakeHouseDirector
· 12-11 17:04
Swing failure pattern is back again; this thing is always deceptive.
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staking_gramps
· 12-11 17:02
Can you make money by bottom-fishing in this wave? It feels like Rune is a bit risky this time.
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ChainChef
· 12-11 17:00
ngl this setup's giving me half-baked soufflé vibes rn... resistance stacking like that? recipe for disaster if we don't navigate it right tbh
$Rune just printed a Swing Failure Pattern right at that previous local top. The good news? Still holding a Higher Low structure, chilling around the AVWAP zone.
But here's the tricky part - there's a pretty nasty resistance confluence stacking up above current price. We're talking VAL meeting the Daily timeframe level, plus that Fibonacci Gap sitting right there... If price gets rejected at that cluster, things could get messy real quick. Not the cleanest setup tbh.