🔹 Price: $114,014
🔹 Market Structure:
– CHoCH + Lower High confirms bearish pressure
– Price currently reacting to the Rejection Zone under Bearish Bias level ($114,143)
📉 Bearish Scenario (Primary Bias):
→ Rejection from zone
→ Target 1 = +OB zone near $113,400
→ Target 2 = POI + Day Low = $112,674
→ Final Target = Weak Low Sweep (Liquidity Grab)
📈 Invalidation (Bullish Breakout):
If price breaks above the Rejection Zone + Day High ($115,145), expect a shift toward upper OB levels.
🧠 Execution Tip:
Monitor lower TFs for MSS or CHoCH confirmation before executing short.
🔹 Market Structure:
– CHoCH + Lower High confirms bearish pressure
– Price currently reacting to the Rejection Zone under Bearish Bias level ($114,143)
📉 Bearish Scenario (Primary Bias):
→ Rejection from zone
→ Target 1 = +OB zone near $113,400
→ Target 2 = POI + Day Low = $112,674
→ Final Target = Weak Low Sweep (Liquidity Grab)
📈 Invalidation (Bullish Breakout):
If price breaks above the Rejection Zone + Day High ($115,145), expect a shift toward upper OB levels.
🧠 Execution Tip:
Monitor lower TFs for MSS or CHoCH confirmation before executing short.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.