Technical Key Points:
Market Structure Shift (MSS) & BOS: Earlier price action confirmed a shift in sentiment, followed by a clean Break of Structure (BOS) to the downside, establishing a series of lower highs and lower lows.
Head and Shoulders Pattern: We can see a clear H&S formation developing. The right shoulder has consolidated just below the trendline, signaling exhaustion from the buyers.
Supply Zone Interaction: Price is currently retracing into a recently formed Supply Zone (approx. 4,700 - 4,710 range). This area aligns with the trendline resistance, making it a high-probability "Point of Interest" (POI) for shorts.
Target: The primary objective is the Sell-Side Liquidity (SSL) sitting at the recent swing lows (around the 4,660 level). If the current supply zone holds, we expect a rapid expansion downward to sweep these lows.
Trading Plan:
Bias: Bearish 🔴
Entry: Look for bearish rejection candles (pin bars or engulfing) within the highlighted Supply Zone.
Invalidation: A sustained candle close above the descending trendline and the 4,720 level would invalidate this bearish thesis.
Market Structure Shift (MSS) & BOS: Earlier price action confirmed a shift in sentiment, followed by a clean Break of Structure (BOS) to the downside, establishing a series of lower highs and lower lows.
Head and Shoulders Pattern: We can see a clear H&S formation developing. The right shoulder has consolidated just below the trendline, signaling exhaustion from the buyers.
Supply Zone Interaction: Price is currently retracing into a recently formed Supply Zone (approx. 4,700 - 4,710 range). This area aligns with the trendline resistance, making it a high-probability "Point of Interest" (POI) for shorts.
Target: The primary objective is the Sell-Side Liquidity (SSL) sitting at the recent swing lows (around the 4,660 level). If the current supply zone holds, we expect a rapid expansion downward to sweep these lows.
Trading Plan:
Bias: Bearish 🔴
Entry: Look for bearish rejection candles (pin bars or engulfing) within the highlighted Supply Zone.
Invalidation: A sustained candle close above the descending trendline and the 4,720 level would invalidate this bearish thesis.
Trade aktif
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.