31/05/2026
– 4H Setup
Price has rallied aggressively after sweeping liquidity from the recent lows and is now approaching a key supply zone where sellers may become active.
The current move looks like a retracement into premium pricing. A reaction from the marked resistance area could provide bearish confirmation for the next leg lower.
If sellers defend this zone, targets remain the recent lows first, with deeper liquidity resting below for an extended move.
SL above the highlighted liquidity/swing high area to protect against a bullish breakout.
Smart money often pushes price into liquidity before revealing the true direction. Stay patient, wait for confirmation, and let the market come to your zone.