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That’s all it wrote the skies are blue ahead
✅ Bullish Case 🚀
Entry around 155.40–155.70 retest zone
Break & close above the descending trendline → continuation wave
🎯 Target 1: 156.96 (major resistance)
🎯 Final Target: 157.80–158.00 liquidity zone
❌ Bearish Case 📉
Only valid if price breaks below 155.20
Downside continuation into 154.80 demand zone
Below 154.70, structure turns fully bearish again
Current Levels to Watch
Resistance 🔴: 156.00 / 156.95
Support 🟢: 155.40 / 155.20 / 154.80
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.

Price has shown clear rejection from a previously established higher-timeframe (HTF) bearish dealing range.
Should the current hourly candle close bearishly below the identified liquidity level, I will look for continuation to the downside.
My planned point of interest (POI) for entry is the unfilled M15 fair value gap (FVG) located above current price.
I will wait for appropriate lower-timeframe confirmation on M1 within this POI before considering trade execution.
Additionally, there is a strong draw on sell-side liquidity, supported by higher-timeframe unfilled imbalances (H1 SIBIs).
Notably, one of these imbalances aligns with two key levels of the current bullish range, the 0.5 equilibrium and the 0.618 Fibonacci retracement, adding further confluence and strengthening the bearish setup.
tradingview.com/x/aCPJF6zS/

Bias: Short
Active Position: SHORT
Entry: 155.70
SL: H4 close ABOVE 156.22 = stop out short
Targets: T1: 155.30 - T2: 154.80 - T3: 154.20
***Flip Short → Long ONLY on H4 close above 156.22
⏱️ Timeframe: 15M
BUY NOW: 155.85 – 155.90
Stop Loss: 155.72
TP1: 156.02
TP2: 156.09
TP3: 156.18
📌 Analysis:
Price is reacting from the H4 FVG + strong demand zone. Current structure shows bullish rejection from 155.80 region. As long as price stays above the FVG boundary, bullish continuation toward intraday liquidity targets is expected.
⚠️ Risk management recommended: 1–2% per trade.
tradingview.com/x/cjakYi5s
