Simple & Clear
📊 Chart Analysis
Market Structure
Strong impulsive bearish move (long red candle) → indicates distribution / stop-hunt
Followed by tight consolidation near the lows → classic bear flag / weak bounce
Recovery candles have long wicks → sellers active on every push up
Key Observations
Price is below the impulsive candle midpoint → bearish bias
Volume spike on the dump → smart money exit
No strong bullish engulfing or structure break yet
🔑 Key Levels
Resistance (Sell Zone)
2,840 – 2,855 (previous rejection + consolidation top)
Support
2,800 – 2,790 (session low)
Below that: 2,740 – 2,720 (next liquidity pocket)
🎯 Best Trade Setup (Higher Probability)
🔴 SHORT Trade (Preferred)
Entry (Sell):
2,840 – 2,855
(wait for rejection / bearish candle)
Stop Loss:
2,885
(above consolidation + liquidity sweep)
Targets:
🎯 TP1: 2,800
🎯 TP2: 2,760
🎯 TP3 (runner): 2,720
Risk : Reward
Approx 1 : 2.5 – 1 : 3.5
🟢 Alternative Scenario (Only If This Happens)
LONG only if:
Strong 1H close above 2,885
Volume expansion + bullish continuation
Long Setup (Conditional)
Entry: 2,890 – 2,900
SL: 2,845
TP: 2,960 → 3,020
⚠️ Until then, longs are risky
🧠 Trade Management Tips
Enter only after confirmation candle
Move SL to breakeven after TP1
Avoid over-leveraging (market is volatile)
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