Hello friends!
Price broke 151 = which is the higher low uptrend support.
I entered shorts at 151.85
which is a 1H supply zone
a.k.a. 1H orderblock
with stoploss above the highs around 152.
When the price broke 151,
it created a lower low 150.8 giving a clear bearish trend shift confirmation.
Market gave us the best price to enter shorts as we enter London session.
Price broke 151 = which is the higher low uptrend support.
I entered shorts at 151.85
which is a 1H supply zone
a.k.a. 1H orderblock
with stoploss above the highs around 152.
When the price broke 151,
it created a lower low 150.8 giving a clear bearish trend shift confirmation.
Market gave us the best price to enter shorts as we enter London session.
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reverse chart
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Price officially shifts bearish signaling the end of the uptrend pullback breaking structural higher low support creating a lower low as N.Y. session starts.
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4HR chart still remains bullish until 4HR structural higher low support (151.44) is broken.
Once price breaks this support. Bearish confirmation will be complete targeting 150.8 low
Once price breaks this support. Bearish confirmation will be complete targeting 150.8 low
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added 2nd entry
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chart update
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We are currently making new lower lows.
N.Y. session went below 151.725 creating a new lower low
To continue the bearish momentum, price must hold below the resistance that broke support (151.848)
N.Y. session went below 151.725 creating a new lower low
To continue the bearish momentum, price must hold below the resistance that broke support (151.848)
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Currently floating around 8%-10%
151.848 is the key level serving as resistance that must hold to continue bearish momentum
151.848 is the key level serving as resistance that must hold to continue bearish momentum
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Chart update
1HR structure
Series of lower-lows
Resistance is 108.848.
1HR structure
Series of lower-lows
Resistance is 108.848.
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CHART UPDATE
News release in 2mins CPI USD
News release in 2mins CPI USD