Daily is reacting from a bullish BOS. 4H shows strong rejection from a 4H BOS — confirming a bullish bias. Currently expecting a 15M CHOCH in this area. However, if no CHOCH forms here, treat it as a retracement and watch for another 15M CHOCH lower — all the same scenarios and targets will still apply.
For BUYS (Scenario 1 – Impulse + Retest):
1️⃣ 15M makes a clean bullish move to 3345.747.
2️⃣ Price retests the broken level.
3️⃣ Form a 1/3M bullish CHOCH + BOS, then BUY toward 3360.072.
For BUYS (Scenario 2 – Structure Flip Entry):
1️⃣ 15M forms a bullish CHOCH + BOS (expected in the current zone).
2️⃣ Retest the BOS zone.
3️⃣ Enter on a 3/5M bullish engulfing or 1/3M confirmation CHOCH, then BUY toward 3360.072.
For SELLS (Scenario 3 – Bullish Failure & Reversal):
1️⃣ 15M forms a BOS, but is invalidated by a 15M momentum candle close below.
2️⃣ Price retests the broken BOS.
3️⃣ Use 2/3M bearish confirmation (CHOCH or BOS) to SELL toward 3313.808.
🔁 NOTE:
📌 A 15M CHOCH is expected in this zone. If it fails to form, it’s likely a retracement.
🔍 Watch for a new 15M CHOCH to form lower — all same entry principles and targets still apply.
For BUYS (Scenario 1 – Impulse + Retest):
1️⃣ 15M makes a clean bullish move to 3345.747.
2️⃣ Price retests the broken level.
3️⃣ Form a 1/3M bullish CHOCH + BOS, then BUY toward 3360.072.
For BUYS (Scenario 2 – Structure Flip Entry):
1️⃣ 15M forms a bullish CHOCH + BOS (expected in the current zone).
2️⃣ Retest the BOS zone.
3️⃣ Enter on a 3/5M bullish engulfing or 1/3M confirmation CHOCH, then BUY toward 3360.072.
For SELLS (Scenario 3 – Bullish Failure & Reversal):
1️⃣ 15M forms a BOS, but is invalidated by a 15M momentum candle close below.
2️⃣ Price retests the broken BOS.
3️⃣ Use 2/3M bearish confirmation (CHOCH or BOS) to SELL toward 3313.808.
🔁 NOTE:
📌 A 15M CHOCH is expected in this zone. If it fails to form, it’s likely a retracement.
🔍 Watch for a new 15M CHOCH to form lower — all same entry principles and targets still apply.
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.