1. Daily Bias (D1): SELL
D1 in downtrend
RSI weak (under 60)
Price under resistance (111.9)
✅ Bias: SELL confirmed
2. Market Structure (M15)
Price formed LH-LL
Current move = pullback to previous supply
✅ Structure supports short plan
3. Trap / SFP Zone
Expected trap near 107.2
Waiting for confirmation before selling
✅ Trap setup planned
4. Entry & Risk Plan (From Chart)
Entry: ~106,378
Stop Loss (SL): 107,276
Take Profit (TP): 103,399
Reward/Risk (R:R): ≈ 3:1
✅ Logical levels
✅ Good R:R
✅ Entry based on confirmation
D1 in downtrend
RSI weak (under 60)
Price under resistance (111.9)
✅ Bias: SELL confirmed
2. Market Structure (M15)
Price formed LH-LL
Current move = pullback to previous supply
✅ Structure supports short plan
3. Trap / SFP Zone
Expected trap near 107.2
Waiting for confirmation before selling
✅ Trap setup planned
4. Entry & Risk Plan (From Chart)
Entry: ~106,378
Stop Loss (SL): 107,276
Take Profit (TP): 103,399
Reward/Risk (R:R): ≈ 3:1
✅ Logical levels
✅ Good R:R
✅ Entry based on confirmation
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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.
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.