๐ Multi-Timeframe Market Structure
๐น 4H Chart (Swing Bias)
Clear bearish structure: consecutive red candles post 25,100 rejection.
FVG zones left at 24,950โ25,050 and 24,600โ24,650 โ both acting as supply areas now.
Price broke structure (MSS) and continues respecting descending channel.
Current price = 24,433, sitting near minor demand (24,350โ24,300).
EMA slope down, confirming bearish pressure.
โ Bias: Bearish
๐ Swing resistance = 24,600โ24,650
๐ Swing demand = 24,350โ24,300
๐น 1H Chart (Intraday Bias)
Multiple BOS (Break of Structure) to the downside, confirming lower highs & lower lows.
Recent bounce attempt from 24,400 failed โ retested FVG around 24,550โ24,600 and rejected.
Price trading inside a tight descending channel, consolidating near support.
EMA acting as dynamic resistance aligning with supply.
โ Bias: Bearish
๐ Resistance = 24,550โ24,600
๐ Demand = 24,350โ24,300
๐น 15M Chart (Execution Level)
Micro-structure shows clean liquidity sweeps & BOS lower.
A bearish order block at 24,550โ24,600 is capping upside moves intraday.
Price repeatedly rejecting mid-channel levels โ clear intraday sellers present.
Possible liquidity grab below 24,400 before next leg lower.
โ Bias: Bearish (scalp possible longs only if 24,350โ24,300 holds strongly).
๐ OB Supply = 24,550โ24,600
๐ Liquidity Pool = below 24,400
๐ฏ Trade Plan for 1st Sept
๐ Primary Plan (Short Bias โ Sell on Rally)
Look for price to retest 24,550โ24,600 (OB + FVG zone).
If rejection shows on 15M โ Enter Short.
Target 1: 24,350
Target 2: 24,250 (if demand cracks)
Stop-loss: Above 24,650
๐ Alternate Plan (Liquidity Long โ Countertrend)
If price flushes into 24,350โ24,300 and prints bullish reversal (15M BOS + engulf),
Enter a scalp long.
Target: 24,500โ24,550 retest
Stop-loss: Below 24,250
โ Overall Bias for 1st Sept: Bearish, Sell the rallies. Only consider longs on sharp liquidity sweep at 24,300 zone.
๐น 4H Chart (Swing Bias)
Clear bearish structure: consecutive red candles post 25,100 rejection.
FVG zones left at 24,950โ25,050 and 24,600โ24,650 โ both acting as supply areas now.
Price broke structure (MSS) and continues respecting descending channel.
Current price = 24,433, sitting near minor demand (24,350โ24,300).
EMA slope down, confirming bearish pressure.
โ Bias: Bearish
๐ Swing resistance = 24,600โ24,650
๐ Swing demand = 24,350โ24,300
๐น 1H Chart (Intraday Bias)
Multiple BOS (Break of Structure) to the downside, confirming lower highs & lower lows.
Recent bounce attempt from 24,400 failed โ retested FVG around 24,550โ24,600 and rejected.
Price trading inside a tight descending channel, consolidating near support.
EMA acting as dynamic resistance aligning with supply.
โ Bias: Bearish
๐ Resistance = 24,550โ24,600
๐ Demand = 24,350โ24,300
๐น 15M Chart (Execution Level)
Micro-structure shows clean liquidity sweeps & BOS lower.
A bearish order block at 24,550โ24,600 is capping upside moves intraday.
Price repeatedly rejecting mid-channel levels โ clear intraday sellers present.
Possible liquidity grab below 24,400 before next leg lower.
โ Bias: Bearish (scalp possible longs only if 24,350โ24,300 holds strongly).
๐ OB Supply = 24,550โ24,600
๐ Liquidity Pool = below 24,400
๐ฏ Trade Plan for 1st Sept
๐ Primary Plan (Short Bias โ Sell on Rally)
Look for price to retest 24,550โ24,600 (OB + FVG zone).
If rejection shows on 15M โ Enter Short.
Target 1: 24,350
Target 2: 24,250 (if demand cracks)
Stop-loss: Above 24,650
๐ Alternate Plan (Liquidity Long โ Countertrend)
If price flushes into 24,350โ24,300 and prints bullish reversal (15M BOS + engulf),
Enter a scalp long.
Target: 24,500โ24,550 retest
Stop-loss: Below 24,250
โ Overall Bias for 1st Sept: Bearish, Sell the rallies. Only consider longs on sharp liquidity sweep at 24,300 zone.
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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.