Price sold off strongly from 3812 resistance and is now correcting higher. On the H4, I see a bearish supply zone between 3791.4–3769.9, which aligns with prior POC acceptance around 3790. If price pulls back into this area and fails, I expect continuation lower into the H4 demand zone at 3746.3–3735.2, which also lines up with Daily Low (DL) and Weekly High (WH) liquidity markers.
Levels to Watch:
Bearish H4 Supply: 3791.4–3769.9
Bullish H4 Demand: 3746.3–3735.2
Invalidation: Break & hold above 3795 could target 3812 liquidity.
Targets: First 3746.3, extended 3735.2.
Bias: Bearish pullback scenario into supply → downside continuation.
Levels to Watch:
Bearish H4 Supply: 3791.4–3769.9
Bullish H4 Demand: 3746.3–3735.2
Invalidation: Break & hold above 3795 could target 3812 liquidity.
Targets: First 3746.3, extended 3735.2.
Bias: Bearish pullback scenario into supply → downside continuation.
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