Notes: Bearish orderflow remains strong. Waiting for price to retest the supply zone at 1.13321 to pick up institutional sell orders before targeting the sell-side liquidity resting below 1.13119. Manage risk strictly! 📊
Market Structure shifted bearish with a strong impulse down. An imbalance (FVG) was left behind near 1.13320. We expect price to pull back, sweep weak buyers, mitigate the supply block, and drop toward the major low target at 1.13119.
Why are we selling? The overall trend is down (bearish). Instead of chasing price at the bottom (1.13226), we wait for a temporary rally (pullback) to a stronger selling zone (1.13321).
Execution Strategy:
Where to Enter: 1.13321
Where to Exit (Loss): 1.13376 (if price goes higher than this, the idea is invalid)
Where to Exit (Profit): 1.13119 (aiming for the previous low point)
The setup makes sense from a technical perspective. I’d mainly watch the reaction around 1.13321—if price taps the supply and shows clear bearish rejection, it gives better confirmation for the move toward 1.13119. A clean break above 1.13376 would invalidate the setup.
