Key Structure Areas:
Previous Support Zone (highlighted in green) is now acting as resistance.
Break of Structure (BOS) indicates a shift in market direction from bullish to bearish.
Target Zone marked near a prior weak low / support (S) zone.
Setup Explanation:
Break of Structure (BOS):
Price breaks below the previously strong support zone.
Signals bearish momentum and a potential trend reversal.
Retest of Support as Resistance:
After the BOS, price pulls back into the old support zone.
This zone now acts as resistance, confirming the change in polarity.
Entry Point:
The ideal entry is marked at the retest level within the resistance zone.
Candlestick reaction (e.g., rejections or wicks) confirms seller strength.
Target Area:
The target is the weak low marked with an “S” — a previous swing low that may now be liquidated or swept.
This gives a favorable risk-to-reward ratio for a short trade.
Key Trading Concepts Used:
Market Structure: BOS identifies trend change.
Support/Resistance Flip: A classic and reliable trading concept.
Liquidity Sweep Target: Going for the weak low assumes it will be tested or broken.
Potential Trade Summary:
Direction: Short / Sell
Entry: ~$4,397 (at retest of resistance zone)
Target: ~$4,343 or lower
Stop-loss: Above the resistance zone (around $4,420)
Previous Support Zone (highlighted in green) is now acting as resistance.
Break of Structure (BOS) indicates a shift in market direction from bullish to bearish.
Target Zone marked near a prior weak low / support (S) zone.
Setup Explanation:
Break of Structure (BOS):
Price breaks below the previously strong support zone.
Signals bearish momentum and a potential trend reversal.
Retest of Support as Resistance:
After the BOS, price pulls back into the old support zone.
This zone now acts as resistance, confirming the change in polarity.
Entry Point:
The ideal entry is marked at the retest level within the resistance zone.
Candlestick reaction (e.g., rejections or wicks) confirms seller strength.
Target Area:
The target is the weak low marked with an “S” — a previous swing low that may now be liquidated or swept.
This gives a favorable risk-to-reward ratio for a short trade.
Key Trading Concepts Used:
Market Structure: BOS identifies trend change.
Support/Resistance Flip: A classic and reliable trading concept.
Liquidity Sweep Target: Going for the weak low assumes it will be tested or broken.
Potential Trade Summary:
Direction: Short / Sell
Entry: ~$4,397 (at retest of resistance zone)
Target: ~$4,343 or lower
Stop-loss: Above the resistance zone (around $4,420)
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.