Support/resistance alternates together with the block/order (Order Block), and it is confirmed by a break-through (breakout), using the lower-high structure to time a short entry into the resistance zone.
Context: The price rose sharply from 80469 to a swing high near 82099, then was swept lower to 80886.3 before rebounding into a new block or order/ob block.
Key levels: 81454-81516 was a resistance zone with two consecutive rejections, forming a lower high compared to the previous peak at 82099; 81260-81299 represents the nearest buy/supply demand/order-block support below it.
Scenario: a short bias based on rejection from the 81470-81516 zone, aiming for a correction toward the support shelf 81260.
Invalidation: the repeated closing below 81545 will invalidate the short setup and open the way toward the previous peak.
Analysis framework: M5, and the charts shown on M15.
Educational analysis only of the charts, not financial advice.
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