Market structure analysis combining higher-low/lower-high swing sequencing, support/resistance flip zones, order block identification, and volume-confirmed liquidity sweep at the breakdown point.
Context: price rallied from the 85100 area to a swing high near 86994, then shifted into a sequence of lower highs and broke down sharply on expanding volume into the 85587 region.
Key levels: the 85786-85900 zone flipped from resistance to support earlier in the session and has now been reclaimed as resistance; a consolidation band near 86250-86352 marks a bearish order block that preceded the breakdown; the 85101-85137 area is prior range support.
Scenario: favoring continuation to the downside, entry near current price around 85587, stop above the order block/swing high near 85801, target the 85101-85137 support zone.
Invalidation: a close back above 85801 would reclaim the order block and invalidate the bearish continuation view.
Analysis timeframe: M5, chart displayed on M15.
Educational chart analysis only, not financial advice.
