Market completed Wave 4 near 3333–3338 (Elliott Wave).
Price is now setting up for Wave 5 down toward 3300 and 3275.
ICT concepts confirm: price swept liquidity above 3333 and tapped an order block.
SMC confirms smart money selling: price likely to reverse from this OB and break structure below 3302.
Use 5-min chart for aggressive confirmation, 15–30 min for low-risk confirmation.
Trade Setup (Short Only)
Sell Zone: 3333–3338
Entry Timing:
• 🔹 Aggressive: after bearish candle on 5-min chart
• 🔹 Conservative: after bearish confirmation on 15–30 min
Stop-Loss: 50 pips above entry
Risk Management:
• Move SL to Entry after +50 pips gain
• Hold runner for next TP
Targets:
TP1: 3300
TP2: 3275
Price is now setting up for Wave 5 down toward 3300 and 3275.
ICT concepts confirm: price swept liquidity above 3333 and tapped an order block.
SMC confirms smart money selling: price likely to reverse from this OB and break structure below 3302.
Use 5-min chart for aggressive confirmation, 15–30 min for low-risk confirmation.
Trade Setup (Short Only)
Sell Zone: 3333–3338
Entry Timing:
• 🔹 Aggressive: after bearish candle on 5-min chart
• 🔹 Conservative: after bearish confirmation on 15–30 min
Stop-Loss: 50 pips above entry
Risk Management:
• Move SL to Entry after +50 pips gain
• Hold runner for next TP
Targets:
TP1: 3300
TP2: 3275
Note
Market has not given us bearish signal on 27-28 zone so i have shared fresh analysis again and will wait for 3333-3338 zone and look for bearish setup.Good luck.
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.