[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  $Trader [@GDXTrader](/creator/twitter/GDXTrader) on x 11.5K followers Created: 2025-07-05 21:04:36 UTC $EQX Following our post on June 7th below highlighting the shooting star at rising wedge resistance, price action signaled a potential exhaustion of momentum and a timely opportunity to take profits. That candle, forming at the apex of the wedge, indicated strong intra week selling pressure and marked the beginning of a corrective move. What followed were three decisive bearish continuation candles, confirming the breakdown from the rising wedge and validating the shift in sentiment. Last week, price reached a key support level, where selling pressure paused, and a harami candle formedโoften a sign of indecision and a potential reversal zone. This suggests that bears may be losing momentum and that bulls could be preparing to defend this support. However, confirmation will be needed in the form of a follow-through bullish candle before considering any shift back in composure. ๐๐จ๐ฅ๐๐๐ง๐๏ธ ๐๐ฎ๐๐ฌ๐๐ซ๐ข๐๐๐ซ๐ฌ ๐๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐๐จ: โข Master Japanese candlestick strategies โข Understand key technical chart patterns โข Watch daily video reviews with tradable setups on #GOLD, #SILVER, #NATGAS, and more commodities โข Access educational content to help you build your trading plan โข Join our private trading chat room โข Get unlimited on-demand chart reviews for your own setups โข Receive real-time alerts on my personal trades Join us at Chat Room Free Trial on Discord: $AEM $AUY $GFI $KGC $PAAS $WPM $SBGL $NEM $AGI $GOLD $OR $IAMG  XXXXX engagements  **Related Topics** [bearish](/topic/bearish) [candle](/topic/candle) [momentum](/topic/momentum) [$trader](/topic/$trader) [$eqx](/topic/$eqx) [coins defi](/topic/coins-defi) [coins lending borrowing](/topic/coins-lending-borrowing) [Post Link](https://x.com/GDXTrader/status/1941604146424995919)
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$Trader @GDXTrader on x 11.5K followers
Created: 2025-07-05 21:04:36 UTC
$EQX
Following our post on June 7th below highlighting the shooting star at rising wedge resistance, price action signaled a potential exhaustion of momentum and a timely opportunity to take profits.
That candle, forming at the apex of the wedge, indicated strong intra week selling pressure and marked the beginning of a corrective move.
What followed were three decisive bearish continuation candles, confirming the breakdown from the rising wedge and validating the shift in sentiment.
Last week, price reached a key support level, where selling pressure paused, and a harami candle formedโoften a sign of indecision and a potential reversal zone.
This suggests that bears may be losing momentum and that bulls could be preparing to defend this support.
However, confirmation will be needed in the form of a follow-through bullish candle before considering any shift back in composure.
๐๐จ๐ฅ๐๐๐ง๐๏ธ ๐๐ฎ๐๐ฌ๐๐ซ๐ข๐๐๐ซ๐ฌ ๐๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐๐จ:
โข Master Japanese candlestick strategies โข Understand key technical chart patterns โข Watch daily video reviews with tradable setups on #GOLD, #SILVER, #NATGAS, and more commodities โข Access educational content to help you build your trading plan โข Join our private trading chat room โข Get unlimited on-demand chart reviews for your own setups โข Receive real-time alerts on my personal trades
Join us at
Chat Room Free Trial on Discord:
$AEM $AUY $GFI $KGC $PAAS $WPM $SBGL $NEM $AGI $GOLD $OR $IAMG
XXXXX engagements
Related Topics bearish candle momentum $trader $eqx coins defi coins lending borrowing