FJET – Gaps, Need Zones and Next Decision Points!

📈 An arrow is left behind after explosive action after insertion
Starfighter Space (FJET)
A clear price gap emerged at the top (area 23 – 24), followed by a severe correction to reach a clearly defined demand area around $8 – $9.

Since then, prices have been trading within a descending channel, reflecting short-term downward pressure rather than structural weakness in the trend.

What matters now is the background👇
This correction comes after a shock wave.

📈 What’s next?
FJET is currently approaching the lower boundary of the descending channel while trading above the demand zone on the larger time frame.

This creates a classic decision zone:
– Maintain demand ⬅️ structural upward shift
– Order Interrupted ⬅️ Make deeper corrections before continuing

The deciding factor will be how the price reacts near the lower border of the channel. Restoring the price structure may open the door for price increases, while price gaps remain a price magnet. 🧲

A steady breakout of the descending channel (marked in red) will indicate a shift in momentum from bearish to bullish. 📉📈

💡 Why is this important?
Price gaps often become incomplete chapters in the market. When the price structure stabilizes, prices tend to return to their original levels, not out of hope but as a result of the order flow mechanism.

The plan was clear: wait for price action to be confirmed, then follow the trend.

⚠️Disclaimer: This content does not constitute financial advice. Always do your own research and consult your financial advisor before investing.

📚Stick to your trading plan in terms of entry, risk management and trade management.

Good luck to you 🍀

Disclaimer: CDMG was paid $1,000 to publish this content with funding from Starfighters Space.