Price is testing the Bearish Bias zone near Day High while reacting to the immediate OB support.
📌 Scenarios:
1️⃣ Hold above OB → Push toward upper OB near 182 for liquidity sweep.
2️⃣ Break below → Drop toward the mid OB around 168, and potentially Day Low / POI near 163 for re-entry.
🔹 Structure shows BOS confirmation followed by HHs and HLs — watch for reaction at OB zones for precision entries.
🔹 Both bullish continuation and deeper retracement remain possible based on OB defense.
📌 Scenarios:
1️⃣ Hold above OB → Push toward upper OB near 182 for liquidity sweep.
2️⃣ Break below → Drop toward the mid OB around 168, and potentially Day Low / POI near 163 for re-entry.
🔹 Structure shows BOS confirmation followed by HHs and HLs — watch for reaction at OB zones for precision entries.
🔹 Both bullish continuation and deeper retracement remain possible based on OB defense.
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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.