Main dealing range bias remains long.
However, a projected retracement dealing range is forming inside the macro structure.
Price rejected the premium line (75%) with negative delta and LVN, showing lack of acceptance.
Short trade idea is framed as a risk trade, valid only if this micro range develops fully before buyers step back in.
📌 Desk Note:
This is not a bias shift — it’s a retracement play inside the larger bullish dealing range. Risk is defined, and the trade works only if sellers defend premium levels before continuation higher.
However, a projected retracement dealing range is forming inside the macro structure.
Price rejected the premium line (75%) with negative delta and LVN, showing lack of acceptance.
Short trade idea is framed as a risk trade, valid only if this micro range develops fully before buyers step back in.
📌 Desk Note:
This is not a bias shift — it’s a retracement play inside the larger bullish dealing range. Risk is defined, and the trade works only if sellers defend premium levels before continuation higher.
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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.