1. Higher Timeframe Context
Price is currently trading within a well-defined higher timeframe supply zone between 214–218, which previously acted as a major distribution area. This zone aligns with a prior bearish impulse leg and represents unmitigated institutional sell-side interest.
2. Current Price Action
On the 15-minute chart, price has aggressively rallied into the supply zone with low retracement, suggesting an imbalance created by passive sellers.
The move into this zone has occurred without a clear internal structure shift to the downside yet, but early signs of exhaustion are evident.
There's a visible cluster of equal highs around 218, indicating resting buy-side liquidity that smart money may target.
3. Liquidity & Market Structure Outlook
We anticipate a liquidity sweep of the highs at ~218, which is typical when price revisits a premium zone filled with uncollected orders.
The projection is for a short-term rejection or distribution reaction from current levels, which could lead to a retracement into the newly formed demand zone at 208–210.
This area represents a bullish order block, which could act as a reaccumulating point before a continuation to the upside.
4. Trade Planning Framework
Short Bias (Reactive Play):
Look for signs of lower timeframe distribution, such as a break of internal structure or supply engulfing at 214+.
Potential target: 208–210 zone for partials or full exit.
Long Bias (Continuation Play):
Upon reaction from 203–205demand, anticipate bullish PA such as a CHOCH (Change of Character) or BOS (Break of Structure) on LTF.
Entry on confirmation (e.g., bullish engulfing or mitigation entry).
Target: 218+ liquidity sweep zone.
5. Risk Management Considerations
Avoid blind entries within the resistance zone; confirmation is key.
Size positions based on RR parameters (minimum 1:2) and predefine invalidation levels—especially in the short scenario, as failure to reject this zone could lead to a breakout.
Be aware of potential news catalysts or macro events that may add volatility to BA during the setup period.
Price is currently trading within a well-defined higher timeframe supply zone between 214–218, which previously acted as a major distribution area. This zone aligns with a prior bearish impulse leg and represents unmitigated institutional sell-side interest.
2. Current Price Action
On the 15-minute chart, price has aggressively rallied into the supply zone with low retracement, suggesting an imbalance created by passive sellers.
The move into this zone has occurred without a clear internal structure shift to the downside yet, but early signs of exhaustion are evident.
There's a visible cluster of equal highs around 218, indicating resting buy-side liquidity that smart money may target.
3. Liquidity & Market Structure Outlook
We anticipate a liquidity sweep of the highs at ~218, which is typical when price revisits a premium zone filled with uncollected orders.
The projection is for a short-term rejection or distribution reaction from current levels, which could lead to a retracement into the newly formed demand zone at 208–210.
This area represents a bullish order block, which could act as a reaccumulating point before a continuation to the upside.
4. Trade Planning Framework
Short Bias (Reactive Play):
Look for signs of lower timeframe distribution, such as a break of internal structure or supply engulfing at 214+.
Potential target: 208–210 zone for partials or full exit.
Long Bias (Continuation Play):
Upon reaction from 203–205demand, anticipate bullish PA such as a CHOCH (Change of Character) or BOS (Break of Structure) on LTF.
Entry on confirmation (e.g., bullish engulfing or mitigation entry).
Target: 218+ liquidity sweep zone.
5. Risk Management Considerations
Avoid blind entries within the resistance zone; confirmation is key.
Size positions based on RR parameters (minimum 1:2) and predefine invalidation levels—especially in the short scenario, as failure to reject this zone could lead to a breakout.
Be aware of potential news catalysts or macro events that may add volatility to BA during the setup period.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Looking for powerful AI trading signals? Visit ProSignal.ai and take your trading to the next level! or join our telegram channel at t.me/prosignalai
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.