Market is maintaining a clear bearish orderflow with continuous LH → LL sequence.
Structural Notes
🔹 Previous major FVG (distribution zone) has been fully filled and delivered downside.
🔹 Multiple BOS events confirm continuation of the bearish leg.
🔹 Recent sweep followed by another LL shows sellers still in full control.
🔹 INDUCEMNET zone rests around $93160, high-probability inefficiency for short-term retracement.
🔹 Major unmitigated FVG remains at $100800, acting as a premium draw if price seeks liquidity.
Expectations
🔹 Retracement likely into nearby inefficiencies:
🔹 IND @ $93160 → high-probability mitigation
🔹 FVG @ $100800 → medium-probability mitigation (only if deeper pullback unfolds)
🔹 Trend remains bearish until market delivers a ChoCh above $107.5K.
Current Bias: Bearish
Short-Term Draw: IND (mid-range inefficiency)
Mid-Term Draw: Unmitigated FVG (premium zone)
Invalidation: ChoCh above $107.5K
NFA & DYOR
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Twitter: twitter.com/CryptoPatel
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Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.
