Signal: SELL 🔴

Grade Trading Signals PT-0608-02

Entry Zone: 63,000 – 63,700

Stop Loss: 64,550

Take Profit

🎯 TP1: 61,800
🎯 TP2: 60,500
🎯 TP3: 59,000

Explanation

The H4 structure remains bearish after a strong breakdown from the 80k region, with price continuing to form lower highs and lower lows. H1 confirms bearish continuation despite the recent rebound from the 60k area. The current move appears corrective rather than a confirmed trend reversal.

Price is approaching a supply zone between 63k–64k where previous support turned resistance. M15 shows recovery momentum, but it has not yet broken the broader bearish structure. The higher-probability scalp is to wait for rejection or confirmation inside the supply zone rather than chase the rebound.

The confluence comes from bearish H4/H1 structure, unfilled supply overhead, and liquidity resting above recent equal highs before potential downside continuation.

Alternative Scenario (If Invalidated)

If H1 closes and holds above 64,550, bearish continuation weakens. Price could extend toward 65,500 – 66,800 before a new directional setup forms.

Risk Disclaimer

This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading financial markets involves risk, and traders should manage risk carefully before entering any position.

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