Price is consolidating between 1.1430 and 1.1485, forming a range near previous value areas.
A breakout is likely imminent. Watching for:
📈 Bullish scenario: Break and retest of 1.1490 → targeting 1.1570 supply zone.
📉 Bearish scenario: Sweep of 1.1430 lows with strong volume → targeting 1.1370 demand.
Volume is decreasing, RSI under 40, and we’re sitting at the...
I see CME_MINI:ESU2025 is on a uptrend with a BOS( break of structure) at $6421, there is a trend line marked in blue that has been tested several times.
There is a support in confluence with POC area from a previous session. Above VWAP → Favorable for short positions (or considered expensive for long positions).
Below VWAP → Favorable for long positions (or...
entry 6338
stop loss 6351
TP 6404.50
1. currently in a uptrend
2. FVG at 6368
3. above 200ema
Before I enter my trade at Id like to look for some market structure to form.
if it breaks below 6353.5 and makes a ChoCh im no longer bullish
two possibles long entries:
entry: 1.06254
TP: 1.06254
SL: 1.05691
--- or ---
entry: 1.05634
TP: 1.06254
SL: 1.05443
Pros:
short term bullish
above EMA 200 in 1h
demand zone
fibo retracement
BOS
Cons:
Long term bearish
