Sell Entry Zone:** 2396 to 2401
Setup:
- **Sell Entry Zone:** 2396 to 2401
- **Stop Loss:** 2405
- **Profit Target:** 2358
1. SMC (Smart Money Concepts) Analysis:**
- **4-Hour Chart:** Shows a downtrend, indicating bearish momentum.
- **1-Hour Chart:** An order block has been created within the price range of 2396 to 2401.
- **Fair Value Gap (FVG):** A valid FVG exists within this price range, suggesting that price may fill this gap before continuing its downward move.
Technical Details:**
- **Order Block Mitigation:** The price is expected to return to the order block (2396-2401) to mitigate it before resuming the downtrend. This aligns with the concept of liquidity hunting and mitigation of unfilled orders.
- **Trend Confirmation:** The higher timeframe (4-hour) trend is down, reinforcing the bearish sentiment.
Note : expert advice expected on my analysis
- **Sell Entry Zone:** 2396 to 2401
- **Stop Loss:** 2405
- **Profit Target:** 2358
1. SMC (Smart Money Concepts) Analysis:**
- **4-Hour Chart:** Shows a downtrend, indicating bearish momentum.
- **1-Hour Chart:** An order block has been created within the price range of 2396 to 2401.
- **Fair Value Gap (FVG):** A valid FVG exists within this price range, suggesting that price may fill this gap before continuing its downward move.
Technical Details:**
- **Order Block Mitigation:** The price is expected to return to the order block (2396-2401) to mitigate it before resuming the downtrend. This aligns with the concept of liquidity hunting and mitigation of unfilled orders.
- **Trend Confirmation:** The higher timeframe (4-hour) trend is down, reinforcing the bearish sentiment.
Note : expert advice expected on my analysis
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