2026-01-09 04:27:24

XNG/USD Trading Signal – M5 Chart

A sell order setup is forming with entry positioning aligned to key support levels, unaffected by underlying weakness zones. Stop-loss target sits around 0.68%, providing a favorable risk-reward setup.

The current downtrend cycle stands at 143 candles deep with an amplitude of −5.27%, indicating sustained bearish momentum. This technical structure suggests potential continuation patterns worth monitoring for active traders.

Key metrics:
- Timeframe: M5
- Stop-Loss: ~0.68%
- Cycle Count: 143
- Amplitude: −5.27%

Monitor entry confirmation near stated support levels for execution.

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SingleForYears

· 01-09 04:50

143 candlesticks drop 5.27%, this pace is a bit fierce... Are the short positions ready for bottom fishing?

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defi_detective

· 01-09 04:42

143 candlesticks of a bearish trend? Looks pretty intense. How far can this wave hold up?

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OldLeekNewSickle

· 01-09 04:30

143 candlesticks drop 5.27%, this decline cycle is quite deep. The support level can indeed be watched closely, with a 0.68% stop loss being relatively restrained. However, at the M5 level, you need to keep a close eye; a slight relaxation and the price can reverse sharply.

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notSatoshi1971