DragonCao

@SignOfficial
Market Structure Overview
1H Timeframe (Primary Structure):
Previous trend: Strong uptrend with Higher Highs (HH) and Higher Lows (HL).
Current state: A Weak High has formed around the 0.056–0.057 zone along with a bearish CHoCH (Change of Character) → signaling a strong potential reversal.
Price has broken the ascending trendline and is now retesting the previous support zone from below (0.051–0.052).
Current structure: A Lower High (LH) has formed → expecting the next Lower Low (LL).
15m Timeframe (Entry Details):
Clear short-term downtrend after tapping the Weak High.
Multiple bearish CHoCH and bearish BOS (Break of Structure).
Price is currently making a minor pullback after dropping from 0.057 to 0.050.
The 0.051–0.052 zone is acting as resistance (flip zone).
🎯 Recommendation: SHORT
Technical Reasons:
Weak High: Indicates the high is unprotected → sign of Smart Money distribution.
Bearish CHoCH on 1H: Confirms structural shift from bullish to bearish.
Price is retesting the Equilibrium/Discount boundary from below after the breakdown.
The uptrend trendline has been broken and is now being retested from below.
TP: 0.041
SL: 0.053
RR: 1:4.59
#SignDigitalSovereignInfr
#SİGN

From the perspective of a technical trader using SMC (Smart Money Concepts), I support your SELL position based on the following three core arguments:
Market Structure:
The chart clearly shows a downtrend with a sequence of Lower Highs (LH) and Lower Lows (LL). The current price is in the Premium zone (higher price area) of the pullback, where sellers have the advantage to seek liquidity before pushing the price lower.
Rejection at Supply Zone:
Price has tapped into an Order Block (the red zone above) and failed to create a new higher high, while showing a clear rejection. This indicates that sellers are absorbing the buying pressure in this area.
Technical Confluence:
The reaction at the “Weak High” aligns with a potential reversal scenario. The expected target is the “Strong Low” or the Discount zone below, where liquidity may be filled—offering a very attractive risk-to-reward (R:R) for the short position.
Advice:
Place your stop loss (SL) just above the most recent high to protect your position from potential liquidity sweeps (stop hunts), which are common in this price area. Wishing you a successful trade!
TP: 0.02845
SL: 0.05118
RR: 3.87