🔹 Current Price: 1.3561
🔹 Market Structure: Bearish Bias Below Day High
🔍 Smart Money Flow Analysis
CHoCH (Change of Character) & Break of Structure (BoS) confirm bullish exhaustion and possible reversal.
Price swept Equal Highs (EQH) and tapped into Bearish Order Block (OB) near 1.3584.
Fair Value Gap (FVG) filled, followed by bearish rejection – signaling institutional selling.
🧠 Bearish Playbook
Retracement expected into FVG near 1.3571–1.3579 zone.
Price may reject again and break 1.3516 Day Low, confirming bearish continuation.
Final downside target at Bullish OB zone (1.3450–1.3460) for potential reversal or profit-taking.
🔧 Technical Confluence
RSI & Stochastic show bearish divergence + overbought exit.
MACD crossover confirms momentum shift.
Price respecting dynamic EMAs with downward slope.
📌 Trade Idea (Educational only):
🔻 Sell on retracement near 1.3570–1.3580 with SL above 1.3590
🎯 TP1: 1.3515 (Day Low)
🎯 TP2: 1.3455 (OB zone)
💡 Watch for clean market structure and FVG reaction for confirmation before execution.
🔹 Market Structure: Bearish Bias Below Day High
🔍 Smart Money Flow Analysis
CHoCH (Change of Character) & Break of Structure (BoS) confirm bullish exhaustion and possible reversal.
Price swept Equal Highs (EQH) and tapped into Bearish Order Block (OB) near 1.3584.
Fair Value Gap (FVG) filled, followed by bearish rejection – signaling institutional selling.
🧠 Bearish Playbook
Retracement expected into FVG near 1.3571–1.3579 zone.
Price may reject again and break 1.3516 Day Low, confirming bearish continuation.
Final downside target at Bullish OB zone (1.3450–1.3460) for potential reversal or profit-taking.
🔧 Technical Confluence
RSI & Stochastic show bearish divergence + overbought exit.
MACD crossover confirms momentum shift.
Price respecting dynamic EMAs with downward slope.
📌 Trade Idea (Educational only):
🔻 Sell on retracement near 1.3570–1.3580 with SL above 1.3590
🎯 TP1: 1.3515 (Day Low)
🎯 TP2: 1.3455 (OB zone)
💡 Watch for clean market structure and FVG reaction for confirmation before execution.
Trade active
Sorry trade was active some hours befor but i was bit busynow make sure your SL are Become BE (Break Even)
Trade closed: target reached
Close Parcially eat some profitNote
Yummi water fall close some entries with tight BE caz Target reached hit already now focuse on 2nd target
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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.