Structure & Market Behavior:
The market made a strong bullish move from the green highlighted zone labeled as "unmitigated order flow", pushing up with a clear Break of Structure (BoS) on the left side.
A strong rally continued until it peaked (highlighted by the blue dot).
After the peak, the price dropped, creating a Lower High (LH) and Lower Low (LL) structure, suggesting a bearish shift.
Key Elements Marked:
Order Block (OB): A bearish OB is marked on the right side near the current price level (~96.4). This could act as a resistance/supply zone.
Equal Highs (EQ_H): Indicating a liquidity pool where market makers may hunt before a reversal.
Market Pattern: A minor bullish bounce is expected from current levels before a sharp drop.
Forecasted Path:
Price might grab liquidity above EQ_H (false bullish move), then reverse sharply downward.
Target area: Green zone near 40-50 SAR — previously unmitigated order flow/demand zone.
Final projected low is marked around 31.75, which might be an exaggerated worst-case scenario.
Conclusion:
Your chart suggests that the price is in a distribution phase and likely to experience a major sell-off after a liquidity grab above EQ_H. The long-term bearish bias is supported by:
Order block rejection
Equal highs as liquidity targets
Previous bullish rally needing rebalancing (Fair Value Gap / Order Flow)
The market made a strong bullish move from the green highlighted zone labeled as "unmitigated order flow", pushing up with a clear Break of Structure (BoS) on the left side.
A strong rally continued until it peaked (highlighted by the blue dot).
After the peak, the price dropped, creating a Lower High (LH) and Lower Low (LL) structure, suggesting a bearish shift.
Key Elements Marked:
Order Block (OB): A bearish OB is marked on the right side near the current price level (~96.4). This could act as a resistance/supply zone.
Equal Highs (EQ_H): Indicating a liquidity pool where market makers may hunt before a reversal.
Market Pattern: A minor bullish bounce is expected from current levels before a sharp drop.
Forecasted Path:
Price might grab liquidity above EQ_H (false bullish move), then reverse sharply downward.
Target area: Green zone near 40-50 SAR — previously unmitigated order flow/demand zone.
Final projected low is marked around 31.75, which might be an exaggerated worst-case scenario.
Conclusion:
Your chart suggests that the price is in a distribution phase and likely to experience a major sell-off after a liquidity grab above EQ_H. The long-term bearish bias is supported by:
Order block rejection
Equal highs as liquidity targets
Previous bullish rally needing rebalancing (Fair Value Gap / Order Flow)
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.