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Trend Analysis
The overall trend appears bearish as there is a strong sell-off from around $87,000 to $82,000.
Bearish Fair Value Gap (FVG) is marked, indicating potential resistance.
The price is currently consolidating near $83,153 after a downward move.
Multiple Swing Lows suggest liquidity below, meaning price could still dip before a reversal.
Entry Point (Short Trade)
Entry Zone: Around $83,500 - $84,000 (if price pulls back into resistance).
Stop-Loss (SL): Above $85,000 (above FVG to avoid stop hunts).
Take-Profit (TP):
TP1: $82,000 (Recent Swing Low)
TP2: $80,000 (Major liquidity area)
Entry Point (Long Trade)
If price breaks above $84,500, it might shift bullish.
Entry Zone: Around $82,000 - $82,500 (if price retests and holds support).
SL: Below $81,000 (previous swing low).
TP:
TP1: $84,500
TP2: $86,000 (near FVG resistance)