Technical Zones & Structure
🔹 Bearish Rejection Zone (Supply Area)
Price tapped into a strong supply zone at the top blue box, aligning with trendline resistance.
Immediate reaction followed by sharp bearish candle shows potential liquidity grab and smart money sell-off.
🔹 Demand Zone
Mid-chart gray/blue zone is a key reaction area that price may retest before confirming further downside.
Market Structure
I’ve drawn a rising wedge, which price has already broken down from = bearish reversal signal.
Pullback anticipated into the broken structure zone (gray) → potential entry zone for short.
Trade Idea (as visualized)
Sell Setup Plan:
✅ Ideal Entry: Retest of broken wedge / demand-turned-supply (~1.84750–1.84900)
🎯 Target 1: 1.84300 zone
🎯 Target 2: 1.83500 (bottom demand zone)
🛑 SL: Above previous high / upper blue supply (~1.85300+)
SET and FORGET
🔹 Bearish Rejection Zone (Supply Area)
Price tapped into a strong supply zone at the top blue box, aligning with trendline resistance.
Immediate reaction followed by sharp bearish candle shows potential liquidity grab and smart money sell-off.
🔹 Demand Zone
Mid-chart gray/blue zone is a key reaction area that price may retest before confirming further downside.
Market Structure
I’ve drawn a rising wedge, which price has already broken down from = bearish reversal signal.
Pullback anticipated into the broken structure zone (gray) → potential entry zone for short.
Trade Idea (as visualized)
Sell Setup Plan:
✅ Ideal Entry: Retest of broken wedge / demand-turned-supply (~1.84750–1.84900)
🎯 Target 1: 1.84300 zone
🎯 Target 2: 1.83500 (bottom demand zone)
🛑 SL: Above previous high / upper blue supply (~1.85300+)
SET and FORGET
Dagangan ditutup: hentian tercapai
Trade reached TP1 before pulling back and hitting SL. Partial profits were secured, but overall the trade closed in loss due to TP2 structure failure.⚠️ Cause of Loss:
Late timing due to 3:45 PM USD news spike; also, second retest of OB is often lower probability. Price reacted to TP1 zone but lacked strength to continue lower.
⚠️ Cause of Loss:
Entry was technically sound, but timing was too close to USD news (3:45 PM), which caused sudden volatility against the setup. Also, price had already reacted once — second retests are often lower probability.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.