1. Price Action Structure: STRONG BULLISH EXPANSION & Asian/European RESISTANCE
•Bullish Momentum & Key Resistance: Following a continuous, powerful upward structure extending from last week into this week, the market has now established a key resistance zone around 4690 – 4695.
•Session Retracement & Volatility Warning: This setup points to a potential market pullback during today’s Asian and European sessions. Traders should remain cautious of unexpected volatility spikes.
2. Execution Strategy & Session Bias
•Short-Term SELL Bias (Asian & Early European Sessions): Prioritize scouting short-term SELL setups during the Asian and early European sessions as the market undergoes its corrective phase.
•Macro Trend BUY Realignment: Later in the day, shift focus back to scouting BUY opportunities in alignment with the prevailing long-term bullish structure.