VicNetwork Trades2 min read·Just now--
The Daily bias remains bullish, following a corrective pullback into the 4H demand zone at 39.263, where price reacted strongly and pushed upward toward resistance.
However, the move failed to secure a confirmed daily close above the 4H structural high at 41.801, indicating weakness at higher resistance.
🔍 Key Structure Observation
Despite the bullish reaction, the rejection at 41.801 (daily close failure) suggests the possibility of a deeper retracement phase, with price potentially seeking liquidity at lower demand levels.
Since then, price has entered a 4-day accumulation phase, showing equilibrium and indecision after the failed breakout attempt.
📉 Key Scenarios to Watch
⚡ Bearish Repricing Scenario
If price continues to reject 41.801 without a confirmed close above, we may see a deeper pullback into:
Extreme 4H Demand Zone: 36.501
This would represent a major discount reaccumulation zone before any bullish continuation.
🚀 Bullish Continuation Scenario
A confirmed daily close above 41.801 will validate a CHOCH on higher timeframe structure, shifting momentum back in favor of buyers.
In that case, we will wait for a retracement into the 30M demand zone at 39.578 for a refined sniper entry.
🧭 Trading Plan
At this stage, the market is in a decision zone between continuation and deeper mitigation.
We are watching for:
Break & close above 41.801 → bullish continuation setup
Failure at 41.801 → deeper retracement toward 36.501
No early entries. Let price confirm direction before positioning.
📌Summary
Bias: Bullish (HTF)
Key resistance: 41.801
Current state: 4-day accumulation
Bearish scenario: 36.501 extreme demand
Bullish scenario: 39.578 (30M demand retest after breakout)
Strategy: Wait for confirmation, trade structure not impulse
