1H Timeframe (Higher Timeframe)Overall market structure remains bearish, with price continuing to form lower highs and lower lows.Price is trading below the major resistance zone around 4,040–4,110, keeping sellers in control.A break below 3,960 could accelerate the move toward the 3,885 support region.Higher timeframe bias remains bearish until resistance is reclaimed.
15M Timeframe (Execution Timeframe)Price is consolidating near 3,998 after a sharp decline.Intraday resistance is located at 4,040–4,045.Immediate support remains at 3,960–3,975.Wait for confirmation before entering; avoid chasing price inside consolidation.
Trading Strategy🔴
Bearish Setup (Preferred)Sell on rejection from 4,040–4,045.Or sell on a confirmed break below 3,960.Targets: 3,935 → 3,885.
🟢 Bullish SetupValid only if price closes above 4,040–4,045.Upside targets: 4,080 → 4,110.Overall BiasHTF Bias: Bearish 📉LTF Bias: Neutral to Bearish 📉
⚠️ Trade with proper risk management. Wait for confirmation before execution.