- The price is approaching a supply zone near 119,450 – 120,000, where previous selling pressure
existed.
- Structure shows a potential lower high formation, signaling bearish momentum could continue.
- Risk-to-reward ratio looks favorable if entry triggers at 119,450 and target is 115,200.
- Confirmation with bearish candle rejection at the supply zone is recommended before
entering.
This is a sell setup aiming for a 420–450 pips move. Wait for price action confirmation near 119,450. If rejected, short positions may target 115,200.
existed.
- Structure shows a potential lower high formation, signaling bearish momentum could continue.
- Risk-to-reward ratio looks favorable if entry triggers at 119,450 and target is 115,200.
- Confirmation with bearish candle rejection at the supply zone is recommended before
entering.
This is a sell setup aiming for a 420–450 pips move. Wait for price action confirmation near 119,450. If rejected, short positions may target 115,200.
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