Plan
01 · Context
Decision context
The original plan considered a range with two directions. The scenario was selected after H1 confirmation.
For downside: a reaction in 1.1628–1.1636, an H1 close below 1.1620 and a failed return above the level.
For upside: an H1 close above 1.1645 and a hold on the retest. Reference levels are 1.1650 and 1.1660.
02 · Original version
Original chart and levels
Expand chart Research scenario · For independent analysis · Not personal investment advice
03 · Conditions
Downside after a reaction in the area
An H1 close below 1.1620 and a failed return above the level.
The reference level is 1.1610. Continuation to 1.1600 and 1.1585 required an H1 close below 1.1607.
An H1 close above 1.1645 invalidates the downside scenario.
Alternative scenario in the original plan
Breakout above the range
An H1 close above 1.1645 and a hold on the retest.
Upside reference levels are 1.1650 and 1.1660. Without confirmation, the original plan called for waiting.
A return into the range requires direction to be reassessed.
Result
04 · Review of 13 Sep
All three highlighted areas were visited
The market passed through 1.1628–1.1636 and rose to the upper area. It then reversed down and reached 1.1610, 1.1600 and 1.1585.
Expand chart Research scenario · For independent analysis · Not personal investment advice
- The middle, upper and lower highlighted areas were visited.
- Price reached 1.1650, followed by lower reference levels at 1.1610, 1.1600 and 1.1585.
- The upper area was reached partially: 1.1650 was passed, but the chart does not show 1.1660 being reached.
- Before the decline, price rose above the 1.1645 review threshold.
Limits of the conclusion
- Area visits refer to the entire week's movement, not one continuous trade. H1 closes and re-entries are checked separately.
Two directions have two conditions: the reached areas and sequence of movement are shown together.