$VIRTUAL
Trading setup (Short)
Entry Zone: 0.7550 – 0.7650 — retest of the bearish Order Block and FVG zone on the 1H timeframe, within the broader 4H downtrend.
TP: 0.6850 — liquidity sweep of the local low (LL). (R:R ≈ 1:3.2)
SL: 0.7780 — the stop-loss level is set above the resistance zone boundary; a breakout above it invalidates the bearish scenario and signals a break in the higher-timeframe structure.
On the higher timeframe (4H), the market structure remains broadly bearish, with selling from the Premium zone favored.
On the lower timeframes (15M, 1H), a local bullish impulse has formed, and Order Flow has shifted to buying following a retest of the support zone.
At the moment, price is in a local upward correction within the broader downtrend, approaching the higher-timeframe area of interest for sellers.
Trading setup (Short)
Entry Zone: 0.7550 – 0.7650 — retest of the bearish Order Block and FVG zone on the 1H timeframe, within the broader 4H downtrend.
TP: 0.6850 — liquidity sweep of the local low (LL). (R:R ≈ 1:3.2)
SL: 0.7780 — the stop-loss level is set above the resistance zone boundary; a breakout above it invalidates the bearish scenario and signals a break in the higher-timeframe structure.
On the higher timeframe (4H), the market structure remains broadly bearish, with selling from the Premium zone favored.
On the lower timeframes (15M, 1H), a local bullish impulse has formed, and Order Flow has shifted to buying following a retest of the support zone.
At the moment, price is in a local upward correction within the broader downtrend, approaching the higher-timeframe area of interest for sellers.