HTF still bullish — watching W iFVG & weekly OB below as major bid zone.
Breakout to 2.13 next if structure holds.
Lose W OB? Full reset.
Best R:R for swings if we get a flush into 0.75–0.95.
Breakout to 2.13 next if structure holds.
Lose W OB? Full reset.
Best R:R for swings if we get a flush into 0.75–0.95.
Note
HTF context unchanged: structure remains bullish as long as price holds above the key weekly order block (W OB) around 0.90–0.63The recent selloff is a textbook retest of the major bid zone — right into weekly FVG/OB confluence. This is where swing buyers are expected to step in for the next leg up. A strong reaction here sets up a move back toward the highs, with 2.13 as the next upside target if the structure holds.
Aggressive bulls can hunt wick entries into 0.63–0.95 zone if flushed
No longs below 0.63 weekly close
Flush into weekly FVG/OB = buy zone. Still a bullish chart until proven otherwise. If lost, step aside and wait for the next higher timeframe base to form.
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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.