🔍 Setup Summary:
Price followed my Tuesday prediction precisely, breaking down from the mid-range and now tapping into a demand zone. From here, I expect a bounce into the descending channel, targeting the 15-min FVG and supply zone around 41,160–41,220, before a potential rejection for a deeper move down.
📉 Trade Idea:
Waiting for confirmation of bullish intent from the current demand zone (~40,960–41,000), with a potential retracement into the FVG zone. I’ll then be watching closely for bearish price action to re-enter short in line with overall structure.
✅ Confluences:
Demand zone reaction expected
15-min Fair Value Gap + trendline + supply confluence
Downward channel still in play
Previous prediction unfolding as expected
📌 Bias: Short-term bullish bounce, then bearish continuation
🕒 Timeframe: 15-minute chart
🎯 Watch Levels:
Entry long: ~40,960–41,000 (confirmation needed)
TP1 (for longs): 41,160
Re-entry short zone: 41,160–41,220
Extended bearish targets: below 41,000
⚠️ Disclaimer:
This idea reflects my personal analysis and bias. It is not financial advice. Always do your own research, apply risk management, and trade only when you have clear confirmation. Protect your capital first.
Price followed my Tuesday prediction precisely, breaking down from the mid-range and now tapping into a demand zone. From here, I expect a bounce into the descending channel, targeting the 15-min FVG and supply zone around 41,160–41,220, before a potential rejection for a deeper move down.
📉 Trade Idea:
Waiting for confirmation of bullish intent from the current demand zone (~40,960–41,000), with a potential retracement into the FVG zone. I’ll then be watching closely for bearish price action to re-enter short in line with overall structure.
✅ Confluences:
Demand zone reaction expected
15-min Fair Value Gap + trendline + supply confluence
Downward channel still in play
Previous prediction unfolding as expected
📌 Bias: Short-term bullish bounce, then bearish continuation
🕒 Timeframe: 15-minute chart
🎯 Watch Levels:
Entry long: ~40,960–41,000 (confirmation needed)
TP1 (for longs): 41,160
Re-entry short zone: 41,160–41,220
Extended bearish targets: below 41,000
⚠️ Disclaimer:
This idea reflects my personal analysis and bias. It is not financial advice. Always do your own research, apply risk management, and trade only when you have clear confirmation. Protect your capital first.
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.