On the 2H timeframe, price is respecting both SMC supply zones and Elliott Wave corrective structure.
🔹 Elliott Wave Structure:
We are currently unfolding in a Corrective A–B–C pattern.
Wave A completed with strong downside impulse.
Wave B retraced into supply zone but failed to break structure.
Now, wave C is developing, with expectation of further downside toward the 1.1650–1.1620 demand zone.
🔹 SMC Structure:
Price tapped into the sellers’ supply zone (1.1760–1.1780), aligning with previous order block and descending channel trendline.
Market structure remains bearish with lower highs & lower lows.
Liquidity below 1.1700 is the next target for smart money.
📉 Bias:
Looking for a rejection from the seller zone → continuation into the blue demand area marked as Wave C completion.
✅ Confluence:
Elliott Wave C-leg projection
Bearish order flow (SMC)
Supply zone rejection
Channel continuation
⚠️ Invalidation:
Bullish break and close above 1.1800 would invalidate this bearish scenario.
🔹 Elliott Wave Structure:
We are currently unfolding in a Corrective A–B–C pattern.
Wave A completed with strong downside impulse.
Wave B retraced into supply zone but failed to break structure.
Now, wave C is developing, with expectation of further downside toward the 1.1650–1.1620 demand zone.
🔹 SMC Structure:
Price tapped into the sellers’ supply zone (1.1760–1.1780), aligning with previous order block and descending channel trendline.
Market structure remains bearish with lower highs & lower lows.
Liquidity below 1.1700 is the next target for smart money.
📉 Bias:
Looking for a rejection from the seller zone → continuation into the blue demand area marked as Wave C completion.
✅ Confluence:
Elliott Wave C-leg projection
Bearish order flow (SMC)
Supply zone rejection
Channel continuation
⚠️ Invalidation:
Bullish break and close above 1.1800 would invalidate this bearish scenario.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.