Hi fellow traders,

Price has reached my Blue Box, where I begin looking for short opportunities.
My analysis combines Elliott Wave, Fibonacci and price action to identify high-confluence setups. I don't sell the Blue Box blindly but wait for multiple technical factors to align before taking an entry.
This area marks a potential completion of Wave (B). If the bearish scenario remains valid, I'm looking for a move toward new lows as Wave (C) unfolds.

Entry: Current
Stop Loss: 4452.86
Take Profit: 3872.71

Risk remains fixed at 1%. If price breaks above my stop, the setup is invalidated.

Good luck and trade safe!