Trend Reversal Structure + Lower High + Supply Zone Rejection
Key Confirmations:
1.Market Shift from Bullish to Bearish (Structure Break)
Price formed a Lower High (LH) after a Higher High (HH).
A clear Break of Structure (BOS) to the downside occurred (marked on the chart), indicating a shift in trend from bullish to bearish.
2.Trendline Respect + Rejection
A clean downward trendline is drawn connecting HH → LH → lower LH.
Price rejected perfectly from the trendline, confirming resistance and bearish momentum.
3.Supply Zone Rejection
Price action touches a previously tested supply zone (highlighted in red).
That zone acted as resistance, and price failed to break above.
4.Bearish Continuation Setup
After forming a Lower Low (LL), price pulls back to create another Lower High (LH) – classic bearish continuation pattern.
Key Confirmations:
1.Market Shift from Bullish to Bearish (Structure Break)
Price formed a Lower High (LH) after a Higher High (HH).
A clear Break of Structure (BOS) to the downside occurred (marked on the chart), indicating a shift in trend from bullish to bearish.
2.Trendline Respect + Rejection
A clean downward trendline is drawn connecting HH → LH → lower LH.
Price rejected perfectly from the trendline, confirming resistance and bearish momentum.
3.Supply Zone Rejection
Price action touches a previously tested supply zone (highlighted in red).
That zone acted as resistance, and price failed to break above.
4.Bearish Continuation Setup
After forming a Lower Low (LL), price pulls back to create another Lower High (LH) – classic bearish continuation pattern.
Trade active
50% Take out , and move SL on entry leveland we wait for another TP
Trade closed: target reached
It's stop on entry level 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.
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.