Main Timeframe — Weekly (Directional Bias)
🔹 Higher Confirmation — Daily
🔹 Trade Setup — 2H
Strong resistance zone
--> Multiple rejections (3 clear touches)
--> Recently formed, clearly visible on the left
--> Obvious reaction area (high-probability zone)
Candlestick context
--> Inside bar at resistance
Confluence
--> 50–61.8% Fibonacci retracement
--> Broken trendline acting as resistance
🔹 Entry Timeframe — 15-Minute
🛑 Risk Management
Stop-loss above:
➡️ Multi-layer protection
🎯 Target
💬 Final Note
If you appreciate clean, rule-based, and well-explained market analysis, feel free to follow.
Your thoughts and alternative perspectives are always welcome in the comments.
⚠️ DISCLAIMER
This analysis is provided for educational purposes only and does not constitute financial advice.
Trading involves risk — always conduct your own analysis.
I am not responsible for any decisions or losses based on this idea.
- Back-to-back wide divergence (very rare occurrence)
- Long-term trendline break, shifting market structure
- Provides the primary bearish directional bias
🔹 Higher Confirmation — Daily
- Rising wedge breakdown
- Pullback into the broken wedge structure
- Confirms the Weekly bearish bias
🔹 Trade Setup — 2H
Strong resistance zone
--> Multiple rejections (3 clear touches)
--> Recently formed, clearly visible on the left
--> Obvious reaction area (high-probability zone)
Candlestick context
--> Inside bar at resistance
Confluence
--> 50–61.8% Fibonacci retracement
--> Broken trendline acting as resistance
🔹 Entry Timeframe — 15-Minute
- Trendline break
- Symmetrical triangle breakdown
- Entry only after structure confirmation
🛑 Risk Management
Stop-loss above:
- Resistance zone
- EMA 50
- Fibonacci 61.8%
- Broken trendline
- Descending trendline
➡️ Multi-layer protection
🎯 Target
- Minimum R:R = 1:3
- Justified by full top-down alignment across all timeframes
💬 Final Note
If you appreciate clean, rule-based, and well-explained market analysis, feel free to follow.
Your thoughts and alternative perspectives are always welcome in the comments.
⚠️ DISCLAIMER
This analysis is provided for educational purposes only and does not constitute financial advice.
Trading involves risk — always conduct your own analysis.
I am not responsible for any decisions or losses based on this idea.
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.
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.
