Structure Shift at Key Support – Is the Bullish Reversal In

73
Price aggressively broke down recently but showed strong reaction near the 3,280–3,290 demand zone, reflecting potential buyer absorption at lower prices. Following several bearish attempts that failed, price started making higher lows, reflecting a change in short-term structure.

Trade Idea:
Expecting a bullish reversal from this demand zone with a clean RR setup.

Entry Zone: 3,290–3,292 (bullish confirmation candle or wick rejection)

Stop Loss: 3,280 (below liquidity sweep & structure low)

Take Profit Targets:
• TP1: 3,300 – intraday bounce zone
• TP2: 3,305 – mid-level resistance
• TP3: 3,310 – structural breakout area

Why this setup?
✅ Structure shift (higher lows)
✅ Demand zone tapped with strong wick rejection
✅ Clean RR with risk tightly managed
✅ No major macro resistance until 3,310

Risk Note:
Steer clear of early entries without confirmation. If price doesn't hold above 3,288, bearish continuation is still in play.

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.