🔻 Market Structure
Price is printing lower highs and lower lows — a typical bearish structure.
The recent bearish impulse broke below short-term support (~3383), showing momentum is on the downside.
Current price action shows a pullback into previous support turned resistance (3383–3385 zone).
Bias: SELL ✅
Market is bearish — lower highs, lower lows
Price is pulling back into 3383–3385 resistance zone
As long as price stays below 3386, we’re selling
Entry: 3383–3385
SL: 3390
TP1: 3376.30 (50 pips)
TP2: 3372.00 (100 pips)
Note: FOMC later today — expect volatility. Don’t force it if there's no clean setup.
Price is printing lower highs and lower lows — a typical bearish structure.
The recent bearish impulse broke below short-term support (~3383), showing momentum is on the downside.
Current price action shows a pullback into previous support turned resistance (3383–3385 zone).
Bias: SELL ✅
Market is bearish — lower highs, lower lows
Price is pulling back into 3383–3385 resistance zone
As long as price stays below 3386, we’re selling
Entry: 3383–3385
SL: 3390
TP1: 3376.30 (50 pips)
TP2: 3372.00 (100 pips)
Note: FOMC later today — expect volatility. Don’t force it if there's no clean setup.
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.