**Current Market Structure:**
- **Timeframe:** 30-Minute
- **Key Levels:**
- **Premium Zone:** 43,800 – 43,900
- **Equilibrium:** ~43,500
- **Discount Zone:** 43,050 – 43,130
- **Previous Day’s High (PDH):** 43,900 (strong high)
- **Previous Day’s Low (PDL):** 43,130 (weak low)
- **Break of Structure (BOS):** Confirmed bearish.
- **Change of Character (CHoCH):** Bearish near equilibrium.
- **Liquidity Levels:**
- **PWL (Previous Weak Low):** 43,360
- **PDL (Previous Day's Low):** 43,130
- **Weak Low at Discount Zone (~43,050)**.
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**1️⃣ Bullish Entry Plan (Long Position)**
**Entry Criteria (Long)**
- **Ideal Entry Zone:** 43,050 – 43,130 (Discount Zone)
- **Confirmations Needed:**
- **Liquidity grab at the weak low (43,050).**
- **Bullish reversal signal** (Pin Bar, Engulfing Candle, or Order Block reaction).
- **CHoCH to the upside, confirming trend shift**.
**Entry Trigger**
- If price **wicks below PDL (43,130) and recovers strongly**, enter long.
**Stop Loss (SL)**
- **Below 43,000 (strong low).**
**Take Profit (TP)**
- **First TP:** 43,360 (PWL & previous structure resistance).
- **Final TP:** 43,500 – 43,600 (Equilibrium).
📈 **Risk-to-Reward (R:R) → 1:3 or higher**.
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**2️⃣ Bearish Entry Plan (Short Position)**
**Entry Criteria (Short)**
- **Ideal Entry Zone:** 43,360 – 43,500 (PWL & Equilibrium).
- **Confirmations Needed:**
- **Price must fail to break above 43,500 (Equilibrium).**
- **Bearish BOS on lower timeframes (15M, 5M).**
- **Liquidity grab above PWL (43,360) before a drop**.
**Entry Trigger**
- If price **retests PWL (43,360) and rejects strongly**, enter short.
**Stop Loss (SL)**
- **Above 43,550 (Previous CHoCH area).**
**Take Profit (TP)**
- **First TP:** 43,130 (PDL).
- **Final TP:** 43,050 (Discount Zone).
📉 **Risk-to-Reward (R:R) → 1:4 or higher**.
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**3️⃣ Neutral Strategy (Wait for Confirmation)**
- If price consolidates **between PDL (43,130) and PWL (43,360)**, avoid trading.
- Wait for a **liquidity grab or CHoCH before making a decision**.
**Trading Plan Summary**
| Setup | Entry Zone | SL | TP1 | TP2 | R:R |
|--------|----------|----|-----|-----|----|
| ✅ Long | 43,050 – 43,130 | Below 43,000 | 43,360 | 43,500 | 1:3+ |
| 🚨 Short | 43,360 – 43,500 | Above 43,550 | 43,130 | 43,050 | 1:4+ |
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**Final Thoughts**
- **Bullish Bias:** If price sweeps **weak low (43,050) and shows strength**.
- **Bearish Bias:** If price **rejects equilibrium (43,500) and PWL (43,360).**
- **Avoid trading in the range (43,130 – 43,360)** until confirmation.
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.
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.