📉 Chart & Trade Overview:
Timeframe: 15-Min
Price Entry (approx): 2553
Short Target (TP): 2393.57
Stop Loss (SL) Zone: Around 2588–2590
R:R Ratio: Good — the green box shows a favorable risk-to-reward setup.
🔍 Key Technical Observations:
1. Break of Structure (BOS):
The price rejected 2,588.63 with a strong wick (orange circle).
That rejection suggests liquidity grab or strong supply zone.
2. Support Flip in Progress:
Price broke below 2,559.39 support.
Retesting this level and failing to hold suggests bearish confirmation.
3. Liquidity Magnet Below:
There’s a liquidity pool near 2,517.49 — this is a key short-term target.
If broken, price is likely to move down toward your main target at 2,393.57.
4. Trendline Touch Zone:
A long-term ascending trendline is marked.
If price reaches here (around 2,450–2,400), a bounce is possible — good point to secure profits.
5. Fair Value Gap / Imbalance Fill:
There's likely a fair value gap between 2,517 and 2,400 which price may seek to fill.
✅ Conclusion (Short Bias Validity):
Your short is well-positioned based on:
Supply rejection
BOS and bearish retest
Favorable R:R
Room to drop into deeper liquidity
📌 Suggestions:
Consider partial TP around 2,517 before full move to 2,393
