Higher Timeframe Bias:
The Ascend Sequence on Monthly, Weekly, and Daily remains intact; current Descend Sequence is viewed as a pullback within bullish orderflow. HTF bullish stance is maintained unless invalidated.
Current Structure (Short-Term):
Descend Sequence is still active across Daily, 4H, 1H, and micro-timeframes—momentum favors sell-side flow for now.
Decision Range:
Defined Decision Zone: 1.17494 – 1.16624
▫︎ A break below 1.16624 strengthens the case for continuation of bearish leg.
▫︎ A break above 1.17494 would signal a bullish reclaim and potential Trend Signature Shift (TSS).
Execution Scenarios:
Scenario 1: If price trades into the 4H Order Clustering Zone (OCZ) from below and shows weakness, I’ll consider a short setup, ideally via Momentum Breach Entry (MBE) or a Retrace Precision Entry (RPE).
Scenario 2: If market opens with a sharp Impulse Drive to the downside without tapping into the OCZ, I may consider tactical short opportunities, but only with caution and reduced risk.
Target Zone for Shorts:
Primary short-term target: Discount Zone of the Weekly/Daily price leg, where a Weekly PIZ and Rally Origin align.
Bias Invalidation:
A strong reclaim and hold above the decision range will invalidate short bias and reposition me for long setups in alignment with the HTF bullish framework.
Summary:
Sell-side lean remains valid short-term. However, macro bullish context persists. Awaiting structural resolution from decision range to confirm directional intent.
The Ascend Sequence on Monthly, Weekly, and Daily remains intact; current Descend Sequence is viewed as a pullback within bullish orderflow. HTF bullish stance is maintained unless invalidated.
Current Structure (Short-Term):
Descend Sequence is still active across Daily, 4H, 1H, and micro-timeframes—momentum favors sell-side flow for now.
Decision Range:
Defined Decision Zone: 1.17494 – 1.16624
▫︎ A break below 1.16624 strengthens the case for continuation of bearish leg.
▫︎ A break above 1.17494 would signal a bullish reclaim and potential Trend Signature Shift (TSS).
Execution Scenarios:
Scenario 1: If price trades into the 4H Order Clustering Zone (OCZ) from below and shows weakness, I’ll consider a short setup, ideally via Momentum Breach Entry (MBE) or a Retrace Precision Entry (RPE).
Scenario 2: If market opens with a sharp Impulse Drive to the downside without tapping into the OCZ, I may consider tactical short opportunities, but only with caution and reduced risk.
Target Zone for Shorts:
Primary short-term target: Discount Zone of the Weekly/Daily price leg, where a Weekly PIZ and Rally Origin align.
Bias Invalidation:
A strong reclaim and hold above the decision range will invalidate short bias and reposition me for long setups in alignment with the HTF bullish framework.
Summary:
Sell-side lean remains valid short-term. However, macro bullish context persists. Awaiting structural resolution from decision range to confirm directional intent.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.