Price is currently respecting the trendline liquidity and forming lower highs. We have a clear POI zone where price is expected to react. A potential liquidity sweep above the POI and trendline could trap early buyers. If price taps the POI and rejects, we look for confirmation (e.g., BOS or bearish engulfing) to enter short.
🎯 Target: 3,307
🛑 SL: Above POI (approx. 3,372)
📊 RR: 5.35
📌 Key Levels:
1H Resistance acting as support flip zone
POI aligns with previous supply area
Target zone near previous demand imbalance
🧠 Wait for confirmation inside POI before execution to avoid early entry.
🎯 Target: 3,307
🛑 SL: Above POI (approx. 3,372)
📊 RR: 5.35
📌 Key Levels:
1H Resistance acting as support flip zone
POI aligns with previous supply area
Target zone near previous demand imbalance
🧠 Wait for confirmation inside POI before execution to avoid early entry.
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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.