Price has completed a premium retracement into higher-timeframe supply and is now showing signs of exhaustion. After sweeping the previous high, the market printed a BOS to the downside, followed by a CHoCH inside the intraday range, suggesting a potential shift back toward discounted pricing.
I'm watching how price reacts around the mitigation zone / demand block highlighted below. Failure to reclaim the internal structure highs may confirm continuation lower toward the 1.15800–1.15600 liquidity pocket.
Points of interest:
✔️ Clear liquidity grab above the swing high
✔️ BOS confirming bearish intent
✔️ Price retesting lower-timeframe supply
✔️ Potential continuation toward unmitigated demand zones
⚠️ Reclaiming 1.16400 would invalidate the bearish outlook
This setup remains valid as long as price holds below the retracement premium zone.
Not financial advice — just sharing my perspective for educational purposes.
I'm watching how price reacts around the mitigation zone / demand block highlighted below. Failure to reclaim the internal structure highs may confirm continuation lower toward the 1.15800–1.15600 liquidity pocket.
Points of interest:
✔️ Clear liquidity grab above the swing high
✔️ BOS confirming bearish intent
✔️ Price retesting lower-timeframe supply
✔️ Potential continuation toward unmitigated demand zones
⚠️ Reclaiming 1.16400 would invalidate the bearish outlook
This setup remains valid as long as price holds below the retracement premium zone.
Not financial advice — just sharing my perspective for educational purposes.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.