V10 Analysis and Signal Setup 21st November 2025

RFX Market Analysis
king_samuel


Timeframe: 4H

Trend Bias: Bearish

Structure: V10 has been in a major downtrend since July 2023, forming swing highs and lows within a descending channel on the daily timeframe.

Price recently prints a Bullish pullback towards 5578.840 resistance level, However price couldnt break through above leading to a break of structure towards the downside. Price is currenty at the major support level 5515.298. Breaking this level will lead to a  formation of a new bearish order block and a full shift towards a sell continuation targeting the previous 4-hour swing low at 5464.812. while its also important to note what happens buyers defend the 5515298 support, we might see a pull back up towards the minor resistance at 5542 region.  So it is important to wait for a clean breakout (Bearish Candle) or a rejection indication (pin bar, Hammer or bullish engulfment at the close of current 4-hour candle before taking any trade action.

Signal Setup

🔻 Sell Setup (if bearish)

Entry: 5547 -5560.254

Stop Loss: 5567.922

Take Profit:

TP1: 5517.432

TP2: 5464.812

TP3: 5434.827

Confidence Level: 80%

Reason: [Clean Break of structure + Bearish FVG + Retest of Bearish Order Block]

🔺 Buy Setup (if bullish or reversal)

Entry: 5520 - 5525

Stop Loss: 5503

Take Profit:

TP1: 5545

TP2: 5560

TP3: 5578


Confidence Level: 40%

Reason: [Bullish rejection at support Bounce from demand zone + bullish confirmation candle, hammer, bullish engulfment]

🧠 Trader’s Note

Wait for confirmation candle before entry. Use 1–2% risk per trade. Avoid overtrading. Remember small growth is still progress.

Copyright reserved to the author

Last updated: 11/21/2025 17:12

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