Selling from here
Hello friends!
Price broke 151 = which is the higher low uptrend support.
I entered shorts at 151.85
which is a 1H supply zone
a.k.a. 1H orderblock
with stoploss above the highs around 152.
When the price broke 151,
it created a lower low 150.8 giving a clear bearish trend shift confirmation.
Market gave us the best price to enter shorts as we enter London session.
Price broke 151 = which is the higher low uptrend support.
I entered shorts at 151.85
which is a 1H supply zone
a.k.a. 1H orderblock
with stoploss above the highs around 152.
When the price broke 151,
it created a lower low 150.8 giving a clear bearish trend shift confirmation.
Market gave us the best price to enter shorts as we enter London session.
Nota
reverse chart Nota
Price officially shifts bearish signaling the end of the uptrend pullback breaking structural higher low support creating a lower low as N.Y. session starts.Nota
4HR chart still remains bullish until 4HR structural higher low support (151.44) is broken. Once price breaks this support. Bearish confirmation will be complete targeting 150.8 low
Nota
added 2nd entry Nota
chart updateNota
We are currently making new lower lows. N.Y. session went below 151.725 creating a new lower low
To continue the bearish momentum, price must hold below the resistance that broke support (151.848)
Nota
Currently floating around 8%-10%151.848 is the key level serving as resistance that must hold to continue bearish momentum
Nota
Chart update1HR structure
Series of lower-lows
Resistance is 108.848.
Nota
CHART UPDATENews release in 2mins CPI USD
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