Price has confirmed a bearish market structure shift after breaking the previous higher low, indicating a transition from bullish to bearish order flow. This breakdown converted the prior support zone into a bearish breaker block, which is now acting as a key resistance area.
The current retracement into this breaker block provides a high-probability short opportunity, as breaker blocks often contain unmitigated institutional sell orders. This zone is likely to attract selling pressure upon retest.
Additionally, buy-side liquidity remains resting above prior highs, while the more immediate draw on liquidity is the sell-side liquidity below recent lows, which serves as the primary downside target.
As long as price remains below the breaker block and fails to reclaim it, the short bias remains valid, with expectations of continuation toward lower liquidity levels.
The current retracement into this breaker block provides a high-probability short opportunity, as breaker blocks often contain unmitigated institutional sell orders. This zone is likely to attract selling pressure upon retest.
Additionally, buy-side liquidity remains resting above prior highs, while the more immediate draw on liquidity is the sell-side liquidity below recent lows, which serves as the primary downside target.
As long as price remains below the breaker block and fails to reclaim it, the short bias remains valid, with expectations of continuation toward lower liquidity levels.
Operación activa
Price seems to be moving in our direction...Operación cerrada: objetivo alcanzado
Nota
Price went to grab the resting liquidity labelled on the chart.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.