EXECUTION STRATEGY: - Wait for pullback to 21,400 level (Thursday AM expected) - Enter long position at near or into a 1 Hour Bullish Order Block. - Valid only if price hasn't breached 21,600 - Anticipate move higher into Friday
KEY POINTS: - H1 bullish order block provides short term AM support for today. - Thursday AM pullback provides optimal entry - Maintain bullish bias until 21,600 is reached - 21600 is a Strong Level where price reversal is very likely.
EXECUTION STRATEGY: - Only valid after completion of bullish move - Enter short position upon reaching 21,600 - Intraday scalp opportunity - Quick reversal play back to 21,400
MARKET BIAS: SHORT TERM (1-2 DAYS):
Bearish bias for immediate price action Looking to capitalize on potential reversal from 21,600 Expecting counter-trend movement typical of Thursday/Friday sessions Focus on capturing the corrective move down to 21,400 Tight risk management essential for reversal trade
LONGER TERM (2-5 DAYS):
Maintaining overall bullish bias Current correction viewed as temporary pullback Higher prices expected after completion of reversal Key level of 21,600 likely to be broken eventually Using current correction as opportunity to identify better long entries Stacked Unhit Highs on 4H above us are clear draw on price.
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