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@benjamine023 Deriv FX π Market Structure & Volatility Breakdown
Price action on Volatility 25 (24H timeframe) continues to respect a clear bearish structure after a strong impulsive sell-off from the previous highs. The market printed a series of lower highs and lower lows, confirming sustained downside pressure and strong seller dominance.
Following the sharp decline, price entered a temporary consolidation phase, indicating reduced momentum and potential accumulation/distribution before the next move. This consolidation near key psychological levels suggests the market is deciding between continuation or a corrective pullback.
π Key Observations:
β’ Strong bearish momentum after rejection from higher resistance
β’ Clean impulsive move followed by corrective price action
β’ Sellers still in control unless structure breaks
β’ Consolidation zone acting as a decision point
π Trend first. Patience always. Discipline wins.