EURCAD delivered a clean example of a classic flip zone after breaking below a previously respected demand area. What was once a buying region has now transformed into supply, showing a clear shift in order flow and market sentiment.
Price rallied back into the broken zone and immediately reacted with rejection. A strong indication that sellers are defending the area aggressively.
This is exactly the type of price behaviour traders watch for when identifying continuation opportunities within bearish structure.
What Makes This Flip Zone Important?
Previous demand failed to hold
Market structure shifted bearish
Retest into the broken zone created fresh supply
Sellers defended the imbalance efficiently
The key idea behind flip zones is simple:
Once buyers lose control of a level, institutions often use the retest to continue positioning in the opposite direction.
As long as price remains below the supply region, bearish continuation remains the higher probability scenario.
Key Levels:
🔹 Flip Zone / Supply: 1.60450 – 1.60620
🔹 Current Price: 1.60092
🔹 Bias: Bearish below supply
🔹 Potential Continuation Targets: Recent lows and external liquidity below
Patience matters here. Chasing breakdown candles often leads to poor entries. The higher probability execution usually comes from waiting for price to return into premium areas where sellers are active.
Would you enter immediately on the rejection, or wait for lower timeframe confirmation inside the flip zone?
Recognise the setup? Leave your thoughts below and kindly leave a follow for more market breakdowns. 📈
Price rallied back into the broken zone and immediately reacted with rejection. A strong indication that sellers are defending the area aggressively.
This is exactly the type of price behaviour traders watch for when identifying continuation opportunities within bearish structure.
What Makes This Flip Zone Important?
Previous demand failed to hold
Market structure shifted bearish
Retest into the broken zone created fresh supply
Sellers defended the imbalance efficiently
The key idea behind flip zones is simple:
Once buyers lose control of a level, institutions often use the retest to continue positioning in the opposite direction.
As long as price remains below the supply region, bearish continuation remains the higher probability scenario.
Key Levels:
🔹 Flip Zone / Supply: 1.60450 – 1.60620
🔹 Current Price: 1.60092
🔹 Bias: Bearish below supply
🔹 Potential Continuation Targets: Recent lows and external liquidity below
Patience matters here. Chasing breakdown candles often leads to poor entries. The higher probability execution usually comes from waiting for price to return into premium areas where sellers are active.
Would you enter immediately on the rejection, or wait for lower timeframe confirmation inside the flip zone?
Recognise the setup? Leave your thoughts below and kindly leave a follow for more market breakdowns. 📈
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。