$ZRO
Global trend (4H / 1H): Bullish.
There is a strong impulsive breakout of key resistance levels with consistent BOS confirmations. Priority is Order Flow — Discount Buys Only.
Local trend (15M): Bullish.
After updating the local high (HH) around $1.430 – $1.450, price moved into a corrective devaluation phase.
Liquidity:
At the top, unswept Buy-Side liquidity has been formed at the peak of $1.440–$1.450.
At the bottom, a significant imbalance (FVG) has formed and Sell-Side liquidity has been established below the shelf of local lows at $1.260–$1.280.
Zones of interest (POI):
Support:
The main zone of interest is the impulsive 15M/1H Bullish Order Block + FVG within $1.265 – $1.315.
The second, deeper support is located around $1.180 – $1.220.
Resistance:
1H/4H Premium Supply zone within $1.480 – $1.520.
Trading setup (Long)
Entry Zone: $1.270 – $1.300
(Entry on a corrective fill of the FVG and a test of the bullish Order Block on M15/H1 in the Discount zone after the fast Sell-Side liquidity is swept).
TP: $1.450
(Update of the current local high (HH) and a capture of Buy-Side liquidity before moving toward the resistance block $1.480+).
SL: $1.222
(Move away and a close of price below $1.225 will break the local bullish structure (15M CHoCH) and invalidate the impulsive trend continuation scenario).
Global trend (4H / 1H): Bullish.
There is a strong impulsive breakout of key resistance levels with consistent BOS confirmations. Priority is Order Flow — Discount Buys Only.
Local trend (15M): Bullish.
After updating the local high (HH) around $1.430 – $1.450, price moved into a corrective devaluation phase.
Liquidity:
At the top, unswept Buy-Side liquidity has been formed at the peak of $1.440–$1.450.
At the bottom, a significant imbalance (FVG) has formed and Sell-Side liquidity has been established below the shelf of local lows at $1.260–$1.280.
Zones of interest (POI):
Support:
The main zone of interest is the impulsive 15M/1H Bullish Order Block + FVG within $1.265 – $1.315.
The second, deeper support is located around $1.180 – $1.220.
Resistance:
1H/4H Premium Supply zone within $1.480 – $1.520.
Trading setup (Long)
Entry Zone: $1.270 – $1.300
(Entry on a corrective fill of the FVG and a test of the bullish Order Block on M15/H1 in the Discount zone after the fast Sell-Side liquidity is swept).
TP: $1.450
(Update of the current local high (HH) and a capture of Buy-Side liquidity before moving toward the resistance block $1.480+).
SL: $1.222
(Move away and a close of price below $1.225 will break the local bullish structure (15M CHoCH) and invalidate the impulsive trend continuation scenario).