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@ngocngannguyen16:
Ngoc Ngan Nguyen
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Region: VN
Sunday 15 November 2026 08:49:24 GMT
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A bullish retracement does not always mean a trend reversal. Sometimes, it is simply a pullback before the dominant trend continues. In this example, consecutive bearish BOS confirmations establish a clear downtrend. After a strong bearish impulse, price begins to retrace upward. Connecting the lower highs reveals a descending trendline, while a bearish FVG marks an additional area of potential resistance. The key confluence appears when price returns to the FVG and descending trendline area. This creates a potential short opportunity, with risk managed above the entry zone and the previous significant low considered as the target. The lesson: Never confuse a corrective move with a confirmed trend reversal. Always read price action in the context of market structure. ⏱️ Timeframe: 15m 📌 Save this setup to study how BOS, FVG, and trendline confluence can help identify potential short entries. #MarketStructure #FVG #Forex
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