Major Supply Zones:
Upper Supply Zone around $3,275–$3,285: Strong reaction from this area before the massive drop.
Mid Supply Zone around $3,265 - $3,268: Price has reacted again here.
Trendline Liquidity Grab:
Price moved above the internal rising trendline (liquidity sweep).
The wick into the trendline’s upper side aligns with a key supply zone, followed by rejection = potential shift in structure.
Bearish Rejection from Supply:
Confluence zone (circle area) where price might reverse.
Strong rejection seen right after price tapped this zone. possible entry trigger.
Internal Structure Shift:
If price breaks $3,245 support, that confirms CHoCH (Change of Character).
Bearish FVG could be forming just below the supply zone, which may act as resistance on retests.
📉 Trade Signal (Short Setup)
🔔 Entry:
Sell: $3,265 - 68 (if price returns for a retest of supply zone)
OR
Sell Market: If current bearish candle confirms engulfing with strong momentum
🎯 Targets:
TP1: $3,245 (mid support zone)
TP2: $3,220 (major demand zone at the bottom)
TP3 (swing): $3,210–$3,200
🛡️ Stop-Loss:
Above supply zone high: $3,275+
✅ Confluences for Bearish Bias:
Liquidity sweep above trendline
Supply zone rejection
Structure shifting lower
Price action showing rejection wicks
Clean imbalance zones below (liquidity magnets)
Kindly follow, support, comment and share as well.
Upper Supply Zone around $3,275–$3,285: Strong reaction from this area before the massive drop.
Mid Supply Zone around $3,265 - $3,268: Price has reacted again here.
Trendline Liquidity Grab:
Price moved above the internal rising trendline (liquidity sweep).
The wick into the trendline’s upper side aligns with a key supply zone, followed by rejection = potential shift in structure.
Bearish Rejection from Supply:
Confluence zone (circle area) where price might reverse.
Strong rejection seen right after price tapped this zone. possible entry trigger.
Internal Structure Shift:
If price breaks $3,245 support, that confirms CHoCH (Change of Character).
Bearish FVG could be forming just below the supply zone, which may act as resistance on retests.
📉 Trade Signal (Short Setup)
🔔 Entry:
Sell: $3,265 - 68 (if price returns for a retest of supply zone)
OR
Sell Market: If current bearish candle confirms engulfing with strong momentum
🎯 Targets:
TP1: $3,245 (mid support zone)
TP2: $3,220 (major demand zone at the bottom)
TP3 (swing): $3,210–$3,200
🛡️ Stop-Loss:
Above supply zone high: $3,275+
✅ Confluences for Bearish Bias:
Liquidity sweep above trendline
Supply zone rejection
Structure shifting lower
Price action showing rejection wicks
Clean imbalance zones below (liquidity magnets)
Kindly follow, support, comment and share as well.
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t.me/+6YQX9c4-BiQ2M2M8
Twitter 👇
twitter.com/QuinnGoldTrader
t.me/+6YQX9c4-BiQ2M2M8
Twitter 👇
twitter.com/QuinnGoldTrader
Related publications
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.
✅Free Telegram
t.me/+6YQX9c4-BiQ2M2M8
Twitter 👇
twitter.com/QuinnGoldTrader
t.me/+6YQX9c4-BiQ2M2M8
Twitter 👇
twitter.com/QuinnGoldTrader
Related publications
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.