The market remains bearish on the higher time frame, as the current upward move is seen as a bounce into distinct supply areas rather than a confirmed trend reversal. Highlighted supply zones are expected to attract institutional selling interest if the price shows rejection and bearish confirmation. The setup is based on the concepts of Smart Money (SMC), BOS, CHoCH, Liquidity, Supply and Demand, providing a structured approach to identifying high probability selling opportunities.
Expected goals:
TP1: 4,080
TP2: 4000 (main demand area)
TP3: 3,920
TP4: 3,880 (final goal)
If the price breaks and closes above the main supply zone with a strong bullish structure, the bearish forecast becomes invalid and the setup must be re-evaluated. This analysis is intended for educational purposes only and should always be combined with appropriate confirmation and risk management before making any trade.
