📌 M15 Chart 'SELL ENTRY PENDING'
Key Notes on Chart:
"Yesterday’s range finally broken" – confirmed.
Consolidation zone (range) broken to the downside, showing momentum shift.
Support Break: Price has broken through intra-day support of the range and retested the underside.
Break of Structure (BOS) on LTF (lower timeframe) is evident.
Bearish Flag/Channel broken down.
SMC Bias: Likely engineered a false sense of support before breaking down (liquidity grab from range buyers).
🎯 Trade Setup: Sell Opportunity (Continuation Setup)
🔻 ENTRY:
After confirmed break of the M15 range and H4 support (~169.74), look to enter on a retest rejection (LTF bearish candle confirmation on M15 or M5).
Conservative Entry: On breakdown retest @ 169.70 – 169.80
Aggressive Entry: Current price action continuation breakdown from 169.74
⚠️ What to Watch
If price reclaims and closes strongly above 170.20, invalidate bearish bias.
Any bullish engulfing or LTF shift in structure near current support warrants caution.
Watch for fakeout traps — ensure retest confirmation before entry.
Key Notes on Chart:
"Yesterday’s range finally broken" – confirmed.
Consolidation zone (range) broken to the downside, showing momentum shift.
Support Break: Price has broken through intra-day support of the range and retested the underside.
Break of Structure (BOS) on LTF (lower timeframe) is evident.
Bearish Flag/Channel broken down.
SMC Bias: Likely engineered a false sense of support before breaking down (liquidity grab from range buyers).
🎯 Trade Setup: Sell Opportunity (Continuation Setup)
🔻 ENTRY:
After confirmed break of the M15 range and H4 support (~169.74), look to enter on a retest rejection (LTF bearish candle confirmation on M15 or M5).
Conservative Entry: On breakdown retest @ 169.70 – 169.80
Aggressive Entry: Current price action continuation breakdown from 169.74
⚠️ What to Watch
If price reclaims and closes strongly above 170.20, invalidate bearish bias.
Any bullish engulfing or LTF shift in structure near current support warrants caution.
Watch for fakeout traps — ensure retest confirmation before entry.
FxB
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FxB
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.