📈 Possible Scenarios:
🔽 Bearish Scenario (More Likely)
If price pulls back to mid FVG and rejects:
Expect breakdown below SSL (0.01000)
Next target would be LP zone (0.00940)
Potential bullish bounce from this lower level
🔼 Short-Term Bullish Pullback
If price bounces slightly from current level:
Might revisit mid FVG zone (0.01070–0.01090)
But likely to reject again and resume downtrend
✅ Trading Plan
Setup - Entry Zone Target(s) Stop Loss
🔸Short/Sell : Enty zone : 0.01070–0.01090
Tp : 0.01000 → 0.00940
Sl: 0.01110.
🔸Long/Buy: Enty: 0.00940 (LP support)
Tp: 0.01020 → 0.01060
Sl :0.00920
✅ Market is in a clear bearish trend.
Price might aim to collect liquidity below SSL and LP before any major move.
FVG rejection zones are critical; watch price reaction there closely.Patience is key – wait for clean rejection or confirmation.
🔽 Bearish Scenario (More Likely)
If price pulls back to mid FVG and rejects:
Expect breakdown below SSL (0.01000)
Next target would be LP zone (0.00940)
Potential bullish bounce from this lower level
🔼 Short-Term Bullish Pullback
If price bounces slightly from current level:
Might revisit mid FVG zone (0.01070–0.01090)
But likely to reject again and resume downtrend
✅ Trading Plan
Setup - Entry Zone Target(s) Stop Loss
🔸Short/Sell : Enty zone : 0.01070–0.01090
Tp : 0.01000 → 0.00940
Sl: 0.01110.
🔸Long/Buy: Enty: 0.00940 (LP support)
Tp: 0.01020 → 0.01060
Sl :0.00920
✅ Market is in a clear bearish trend.
Price might aim to collect liquidity below SSL and LP before any major move.
FVG rejection zones are critical; watch price reaction there closely.Patience is key – wait for clean rejection or confirmation.
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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.
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.