Current Market Context:
Price is currently oscillating between two Higher Timeframe Price Inefficiency Zones (PIZ), resulting in a neutral bias for initiating new positions.
Anticipated Scenarios & Bias Filters:
If both upper and lower PIZ zones reject price, confirming compression and exhaustion, bias will shift toward a Sell-Side Bias Environment (SBE).
If the lower PIZ acts as support and price trades decisively above the upper PIZ, it strengthens alignment with the HTF Ascend Sequence and confirms a renewed Buy-Side Bias Environment (BBE).
Execution Plan:
Preferred entry confirmation: Momentum Breach Entry (MBE) post-structural resolution from the PIZ boundaries, in line with breakout momentum.
Summary :
Neutral bias in the interim; awaiting directional clarity from PIZ reactions. Prepared to align with the first strong rejection-confirmation sequence and respond with momentum-based entry.
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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.