Market Context
Prior BSL taken near 65.50 → liquidity swept.
Clear shift in structure (SSS) followed by strong bearish displacement.
Multiple SSL raids around 62.00–62.20 forming equal lows.
Current bounce looks corrective inside a broader bearish leg.
H1 Order Block / supply sits around 65.20–65.70.
Overall structure favors selling premium, not chasing discount.
📍 Key Levels
H1 OB / Premium Zone: 65.20 – 65.70
Current internal resistance: 63.50 – 64.00
Equal lows / SSL: 62.00 – 62.20
H1 FVG support: ~62.25
📉 Short Idea (Conditional)
Scenario 1 – Ideal Premium Entry
If price retraces into 65.20–65.70 H1 OB:
Look for bearish confirmation (rejection / displacement)
Target liquidity below 62.20
Invalidation above 66.00 (structure break)
Scenario 2 – Lower High Formation
If price fails near 63.50–64.00 and forms LH:
Short continuation toward 62.00 liquidity
Partial profits at internal lows
Trail if momentum expands
🎯 Targets
Target 1: 62.20 SSL
Target 2: 61.50 external liquidity (if breakdown continues)
⚖️ Risk Plan
Wait for structure confirmation (no blind limits).
≤1% risk per setup.
Avoid selling into discount; prefer premium retracements.
Educational idea only
Prior BSL taken near 65.50 → liquidity swept.
Clear shift in structure (SSS) followed by strong bearish displacement.
Multiple SSL raids around 62.00–62.20 forming equal lows.
Current bounce looks corrective inside a broader bearish leg.
H1 Order Block / supply sits around 65.20–65.70.
Overall structure favors selling premium, not chasing discount.
📍 Key Levels
H1 OB / Premium Zone: 65.20 – 65.70
Current internal resistance: 63.50 – 64.00
Equal lows / SSL: 62.00 – 62.20
H1 FVG support: ~62.25
📉 Short Idea (Conditional)
Scenario 1 – Ideal Premium Entry
If price retraces into 65.20–65.70 H1 OB:
Look for bearish confirmation (rejection / displacement)
Target liquidity below 62.20
Invalidation above 66.00 (structure break)
Scenario 2 – Lower High Formation
If price fails near 63.50–64.00 and forms LH:
Short continuation toward 62.00 liquidity
Partial profits at internal lows
Trail if momentum expands
🎯 Targets
Target 1: 62.20 SSL
Target 2: 61.50 external liquidity (if breakdown continues)
⚖️ Risk Plan
Wait for structure confirmation (no blind limits).
≤1% risk per setup.
Avoid selling into discount; prefer premium retracements.
Educational idea only
Trade active
Trade closed: target reached
1800 pips moveNote
270 PIPS RUNNING ALMOST TARGET DONE
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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.
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.