Welcome to a new trading week. Price is compressing within a premium structure, boxed between clean supply and demand zones. While the overall trend remains bullish, momentum is clearly fading — so structure takes priority this week.
🟨 Weekly Bias: Neutral | Range-Bound Conditions
There’s no clear directional conviction on the weekly timeframe — we’re in a consolidation phase.
📊 Technical Overview & Strategy
We’re currently range-locked between:
Main Supply: 3380–3405
Main Demand: 3275–3250
Until either breaks decisively, we treat this as a two-sided market.
🔹 Weekly Key Zones
🔸 3365–3390 (Primary Supply)
Why it matters: Price was rejected cleanly from a previous weekly high (3377), aligning with a fresh Order Block (OB) and Fair Value Gap (FVG) from June.
Context: No bullish Break of Structure (BOS) above 3375. Repeated wick rejections indicate strong supply.
Game plan: If price returns, monitor M15–H1 for reaction. Consider shorts only if there's no BOS above 3390.
🔸 3430–3450 (Final Supply Barrier)
Why it matters: Unmitigated OB from a macro swing high — the final ceiling before bullish continuation.
Context: A clean BOS through this zone flips the larger structure bullish again.
🔸 3285–3260 (Key Demand Base)
Why it matters: Last untouched bullish OB + FVG combo from early July.
Context: No downside BOS yet. If price pulls back sharply, this zone offers a potential clean long from discount.
🔹 HTF Structure Summary
Trend: Still bullish (no BOS down), but compression under key resistance
Structure Range: 3390–3260
EMA Flow: Bullish, but extended — watch for pullbacks
RSI: Bearish divergence above 3350 — potential retracement brewing
🕯️ Daily Zones
🔸 Supply Zones
3380–3405 – Main Daily Supply / Liquidity Pool
Top of current range. Multiple upper wicks = rejection zone. Unless we get a daily close above 3405, this remains a trap for breakout buyers.
3355–3375 – Internal Supply / Inducement Block
Acted as a consistent ceiling post-CPI. Often triggers fake breakouts and quick reversals — ideal for fading strength.
🟢 Demand Zones
3312–3300 – Mid-Range Internal Demand
Reactive level post-CPI and NY session. Often used for stop hunts and intraday bounces.
3275–3250 – Main Daily Demand
Held firm as support all month. Every dip here has resulted in strong rallies. A daily break below flips the HTF bearish.
⏱ H1 Execution Map
🚩 SELL ZONES
3358–3370 – Primary Intraday Supply
Site of last week’s failed breakout. If price taps this and shows M15/M5 bearish momentum — it’s a sniper entry short.
3380–3395 – Upper Liquidity Trap
Classic fakeout zone. If breakout fails with a sharp reversal, it’s prime territory for “fade and dump” trades.
⚪ DECISION ZONE (Neutral / Pivot)
3335–3345:
A choppy, indecisive area. No clear OB or FVG. Avoid trading here — only observe and wait for clean setups on the edges.
🟢 BUY ZONES
3326–3332 – Primary Intraday Demand
Strong evidence of absorption + sharp reversals. Look for clean M15/M5 snapbacks — a reactive long setup.
3311–3320 – Deep Demand / Fear Zone
Sits below recent lows — ripe for liquidity sweeps. Only consider longs if a strong impulsive bounce follows. High risk, high reward.
Disclaimer: For educational context only.
🟨 Weekly Bias: Neutral | Range-Bound Conditions
There’s no clear directional conviction on the weekly timeframe — we’re in a consolidation phase.
📊 Technical Overview & Strategy
We’re currently range-locked between:
Main Supply: 3380–3405
Main Demand: 3275–3250
Until either breaks decisively, we treat this as a two-sided market.
🔹 Weekly Key Zones
🔸 3365–3390 (Primary Supply)
Why it matters: Price was rejected cleanly from a previous weekly high (3377), aligning with a fresh Order Block (OB) and Fair Value Gap (FVG) from June.
Context: No bullish Break of Structure (BOS) above 3375. Repeated wick rejections indicate strong supply.
Game plan: If price returns, monitor M15–H1 for reaction. Consider shorts only if there's no BOS above 3390.
🔸 3430–3450 (Final Supply Barrier)
Why it matters: Unmitigated OB from a macro swing high — the final ceiling before bullish continuation.
Context: A clean BOS through this zone flips the larger structure bullish again.
🔸 3285–3260 (Key Demand Base)
Why it matters: Last untouched bullish OB + FVG combo from early July.
Context: No downside BOS yet. If price pulls back sharply, this zone offers a potential clean long from discount.
🔹 HTF Structure Summary
Trend: Still bullish (no BOS down), but compression under key resistance
Structure Range: 3390–3260
EMA Flow: Bullish, but extended — watch for pullbacks
RSI: Bearish divergence above 3350 — potential retracement brewing
🕯️ Daily Zones
🔸 Supply Zones
3380–3405 – Main Daily Supply / Liquidity Pool
Top of current range. Multiple upper wicks = rejection zone. Unless we get a daily close above 3405, this remains a trap for breakout buyers.
3355–3375 – Internal Supply / Inducement Block
Acted as a consistent ceiling post-CPI. Often triggers fake breakouts and quick reversals — ideal for fading strength.
🟢 Demand Zones
3312–3300 – Mid-Range Internal Demand
Reactive level post-CPI and NY session. Often used for stop hunts and intraday bounces.
3275–3250 – Main Daily Demand
Held firm as support all month. Every dip here has resulted in strong rallies. A daily break below flips the HTF bearish.
⏱ H1 Execution Map
🚩 SELL ZONES
3358–3370 – Primary Intraday Supply
Site of last week’s failed breakout. If price taps this and shows M15/M5 bearish momentum — it’s a sniper entry short.
3380–3395 – Upper Liquidity Trap
Classic fakeout zone. If breakout fails with a sharp reversal, it’s prime territory for “fade and dump” trades.
⚪ DECISION ZONE (Neutral / Pivot)
3335–3345:
A choppy, indecisive area. No clear OB or FVG. Avoid trading here — only observe and wait for clean setups on the edges.
🟢 BUY ZONES
3326–3332 – Primary Intraday Demand
Strong evidence of absorption + sharp reversals. Look for clean M15/M5 snapbacks — a reactive long setup.
3311–3320 – Deep Demand / Fear Zone
Sits below recent lows — ripe for liquidity sweeps. Only consider longs if a strong impulsive bounce follows. High risk, high reward.
Disclaimer: For educational context only.
Trade closed: target reached
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.
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.