HTF (4H) Structure
Trend: Still in a broad range; no clear higher high or lower low sequence.
Supply Zone: 57,250 – 57,400 (respected multiple times with strong rejections).
Demand Zone: 56,150 – 56,300 (held strongly on July 18–19 and July 22).
📌 Price got rejected cleanly from the 57,300+ supply zone and is now heading lower. Current structure shows mid-range weakness with supply dominance.
MTF (1H) View
Recent Reaction: Price formed a near double-top around 57,300, followed by a sharp bearish candle.
Trend Bias: Intraday lower high is confirmed; bears gained control at resistance.
Key Observation: No bullish candle formation yet to suggest reversal. Price is stair-stepping lower.
📌 Bearish engulfing at supply zone indicates strong rejection and short-term downside bias.
STF (15-min) Setup
Price Flow: Intraday supply zones respected (approx. 57,000–57,050).
Structure: Lower highs and lower lows forming; price losing steam post-supply.
No Demand Formed Yet: Minor pauses, but no confirmed demand zone until 56,200 area.
📌 Momentum shifted toward downside intraday. Price is retracing from highs without breaking any previous swing high.
Plan for July 23 (Tomorrow)
🟢 Buy Trade Plan (Only if demand tested):
Entry: Near 56,200–56,300 (retest of 4H demand)
SL: Below 56,100
Target 1: 56,750 (intraday resistance)
Target 2: 57,000 (mid supply)
Confirmation: Bullish engulfing or FVG reaction in 15min near demand.
💡 Buy only at HTF demand with reversal structure. Avoid chasing the move in between.
🔴 Sell Trade Plan (High Probability):
Entry: On rejection around 56,900–57,000 zone or bearish FVG formation
SL: Above 57,050
Target 1: 56,600
Target 2: 56,300
Most likely scenario: Price continues sliding down toward 56,300 demand area.
Trend: Still in a broad range; no clear higher high or lower low sequence.
Supply Zone: 57,250 – 57,400 (respected multiple times with strong rejections).
Demand Zone: 56,150 – 56,300 (held strongly on July 18–19 and July 22).
📌 Price got rejected cleanly from the 57,300+ supply zone and is now heading lower. Current structure shows mid-range weakness with supply dominance.
MTF (1H) View
Recent Reaction: Price formed a near double-top around 57,300, followed by a sharp bearish candle.
Trend Bias: Intraday lower high is confirmed; bears gained control at resistance.
Key Observation: No bullish candle formation yet to suggest reversal. Price is stair-stepping lower.
📌 Bearish engulfing at supply zone indicates strong rejection and short-term downside bias.
STF (15-min) Setup
Price Flow: Intraday supply zones respected (approx. 57,000–57,050).
Structure: Lower highs and lower lows forming; price losing steam post-supply.
No Demand Formed Yet: Minor pauses, but no confirmed demand zone until 56,200 area.
📌 Momentum shifted toward downside intraday. Price is retracing from highs without breaking any previous swing high.
Plan for July 23 (Tomorrow)
🟢 Buy Trade Plan (Only if demand tested):
Entry: Near 56,200–56,300 (retest of 4H demand)
SL: Below 56,100
Target 1: 56,750 (intraday resistance)
Target 2: 57,000 (mid supply)
Confirmation: Bullish engulfing or FVG reaction in 15min near demand.
💡 Buy only at HTF demand with reversal structure. Avoid chasing the move in between.
🔴 Sell Trade Plan (High Probability):
Entry: On rejection around 56,900–57,000 zone or bearish FVG formation
SL: Above 57,050
Target 1: 56,600
Target 2: 56,300
Most likely scenario: Price continues sliding down toward 56,300 demand area.
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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.