Disliked{quote} update 1.1665 – 1.1670 from Thursday, April 9th has been breached, and we now have support.Most important now:
S: 1.1670 – 1.1685 (Main)
R: 1.1725 – 1.1750 (Current ceiling)
CHOCH = 1.1530 (macro trend shift)
BOS = 1.1685 (trend confirmation)
next BOS = 1.1725 (if broken)
bullish continuation phase after BOS
around
R: 1.1725 weakening momentum multiple rejections (wicks)...
Ignored
- Breakdown from the trendline

- Return back into the zone
- Test of 1.1685 from above
Retest of the BOS level 1.1685
Structure now:


CHOCH: 1.1530
BOS: 1.1685
R: 1.1725
That red trendline:
Has already been broken to the downside
Currently acting more as a dynamic R
Now it is simple:
- Holds → long bias
- Falls → short pullback
This is exactly the moment where the next move is decided
SUMMARY:
Price ~ 1.1690
And we have confluence R there:
Dynamic R (trendline from the channel)
Retest BOS 1.1685 (might fail from the other side)
BOS carries more weight than a trendline.
Trendlines H1,H4, SMC
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