Price recently swept the previous liquidity near the recent low, confirming that internal liquidity has been collected. Now, the market is showing a potential move back toward the rejection area / order block (OB) above.
Here’s the plan:
Waiting for price to retrace into the rejection area (OB) around 4,038–4,040.
Once we see bearish confirmation on the 1-minute timeframe, we’ll look to enter short.
This zone represents a strong supply area where price previously showed rejection.
After liquidity sweep and retracement, expecting a continuation to the downside targeting new lows.
Key Notes:
Liquidity below recent lows has already been taken.
The current push upward is likely a retracement before a deeper drop.
Watch for bearish price action (engulfing, BOS, or rejection wick) before entering.
Bias: Bearish
Confirmation: 1M timeframe rejection
Targets: New structure low
Here’s the plan:
Waiting for price to retrace into the rejection area (OB) around 4,038–4,040.
Once we see bearish confirmation on the 1-minute timeframe, we’ll look to enter short.
This zone represents a strong supply area where price previously showed rejection.
After liquidity sweep and retracement, expecting a continuation to the downside targeting new lows.
Key Notes:
Liquidity below recent lows has already been taken.
The current push upward is likely a retracement before a deeper drop.
Watch for bearish price action (engulfing, BOS, or rejection wick) before entering.
Bias: Bearish
Confirmation: 1M timeframe rejection
Targets: New structure low
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.
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.