✅ The overall market trend is still bullish on the 1H and 4H timeframes. However, we’re watching the red 4H supply zone (around 122,000) closely for a possible short-term sell setup.
🟥 If price reaches this red OB, we’ll look for a light short position only with confirmation on the 5M or 3M timeframe.
🟩 On the downside, we are mainly interested in buy setups from the following key green OB zones:
🔹 OB 1H around 115,000
🔹 OB 4H around 111,000
🔹 OB 4H around 108,000
📌 Possible scenarios:
1️⃣ Price reaches the red OB → short with confirmation
2️⃣ Price pulls back to lower green OB zones → long with confirmation
3️⃣ Market bias remains bullish unless proven otherwise.
❌ No entry without confirmation.
🟥 If price reaches this red OB, we’ll look for a light short position only with confirmation on the 5M or 3M timeframe.
🟩 On the downside, we are mainly interested in buy setups from the following key green OB zones:
🔹 OB 1H around 115,000
🔹 OB 4H around 111,000
🔹 OB 4H around 108,000
📌 Possible scenarios:
1️⃣ Price reaches the red OB → short with confirmation
2️⃣ Price pulls back to lower green OB zones → long with confirmation
3️⃣ Market bias remains bullish unless proven otherwise.
❌ No entry without confirmation.
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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.