C-ICT Trader

$BULLA running into resistance after relief bounce.

Setup: SHORT BULLA

Entry: 0.0245 – 0.026

SL: 0.0295

TP1: 0.019

TP2: 0.015

TP3: 0.012

Why:

Price bounced back into prior breakdown area and MA cluster → typical relief rally zone. Trend still down with lower highs since post-spike collapse. Volume faded on the bounce and rejection wicks appearing near 0.025–0.026 supply.

If price reclaims 0.0295, short structure invalid and squeeze risk increases.

Gold showing exhaustion after major distribution.
Setup: SHORT $XAU
Entry: 5,280 – 5,320
SL: 5,420
TP1: 5,200
TP2: 5,120
TP3: 5,000
:
After the spike to 5,396, price printed strong rejection and failed to hold above 5,350. Since then, structure shifted into lower highs with fading volume on bounces typical post-distribution behavior.
Large players already unloaded near the top, and momentum is now cooling. Unless 5,420 is reclaimed, upside continuation above 5,400 is unlikely in the near term.
Path of least resistance is gradual downside toward 5,000 zone.

$PIPPIN losing structure after parabolic top.
Setup: SHORT PIPPIN
Entry: 0.60 – 0.65
SL: 0.70
TP1: 0.45
TP2: 0.30
TP3: 0.22
After the blow off peak at 0.91, price printed sharp rejection and shifted into clear lower high structure. Current bounce is weak and sitting under prior supply (~0.65–0.70). Volume declining on rebounds → typical distribution phase.
If 0.78 reclaims, bearish structure breaks. Otherwise continuation toward 0.30 zone is likely as momentum unwinds.

POWER looks heavy at range highs rejection into MA cluster after a late spike.
Entry: SHORT $POWER

Entry: 1.84–1.90

SL: 2.04

TP1: 1.55

TP2: 1.25

Analysis:

Price pushed back into prior supply near 1.9–2.0 and stalled with upper wicks while holding above the rising MA base. That structure typically marks distribution after a relief push rather than continuation. Momentum already faded once price lost impulsive expansion after the spike, and the current retest shows weaker follow through.

As long as 2.04 holds, this is a lower-high formation against resistance. A break back below ~1.70 opens the path toward the MA99 trend line region (~1.25), which aligns with prior consolidation support.

If 2.04 reclaims, short thesis invalid likely squeeze continuation.