🔻 EUR/USD SHORT — FRACTAL RENKO TRAP REVERSAL
Codex Execution | Tier 2 Rejection | Macro Gravity | TP1–TP10 Ladder Active
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📍 TRADE SNAPSHOT
• Entry: 1.1665
• Stop Loss (SL): 1.1800 ✅ (Tier 2 pivot)
• Macro Direction (T1): 📉 Down
• Tier 2 Structure: 🔻 Bearish Flip Confirmed
• Execution Tier: Tier 2 rejection → continuation active
• Risk Size: ✅ Full position (SL = 135 pips)
• Trade State: ⚔️ Armed
• Trail SL: Activated post-TP1 → using Tier 3 pivots
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🎯 TP LADDER MAP (Fixed Tier 2 Grid)
Level Price Status
🥇 TP1 1.1600 ✅ Hit
🥈 TP2 1.1500 ✅ Hit
🥉 TP3 1.1400 ⏳ Pending
🎯 TP4 1.1300 ⏳ Pending
🧨 TP5 1.1200 ⏳ Pending
💎 TP6 1.1100 ⏳ Pending
🔓 TP7 1.1000 ⏳ Pending
🔻 TP8 1.0900 ⏳ Pending
🔻 TP9 1.0800 ⏳ Pending
💀 TP10 1.0700 ⏳ Pending
🧠 TP ladder is mapped to Tier 2 (100 pip) round-number bricks — not floating from entry — per Codex IV structure logic.
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🧠 STRUCTURAL RATIONALE
• Tier 2 Fib trap rejection confirmed @ 1.1665 (within 127.2–161.8% extension)
• Downtrend continuation brick confirmed below trap zone
• Tier 1 macro trend = bearish
• TP1 + TP2 already hit
• Trade now approaching TP3 zone (1.1400)
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⚔️ TRADE MANAGEMENT PLAN
• ✅ SL trailed to breakeven after TP1
• ✅ Partial scale-out at TP1 / TP2
• 🔁 Add-on only allowed if:
• Retest rejection near 1.1500–1.1540
• OR clean body close below 1.1440
• ❌ No re-entry inside 1.1440–1.1500 dead zone
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✅ EXECUTION FILTER STATUS
Condition Status
T1–T2 Alignment ✅
Trap Rejection Confirmed ✅
SL outside structure ✅
TP1–TP2 Reached ✅
Entry Trigger: Brick Close ✅
Macro Compression ❌
Time Cutoff (Pre-3PM EST) ⚠️ Confirmed OK
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#EURUSD #FractalRenko #Tier2Trap #TP1toTP10 #CodexExecution #RenkoTrading #ShortSetup #InstitutionalFilter #TradingViewIdea #TrailLogic #RewardLadder
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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.