⚡️ Market / Price Context
AERO continues to trade within a bearish market structure that resembles Wyckoff Phase C Distribution. The current price action suggests sellers remain in control, increasing the possibility of another move lower before a broader trend change can be evaluated.
📈 Chart Explanation
The chart indicates the potential formation of a Last Point of Supply (LPSY), a pattern that can appear during the later stages of a Wyckoff distribution. A confirmed breakdown followed by a new swing low would strengthen this technical scenario and keep the bearish structure intact.
🎯 Entry Decision
The preferred approach is to remain patient until the market provides confirmation. A new low would validate the current setup, allowing traders to monitor the highlighted area for a potential opportunity with a more favorable risk-to-reward profile.
💰 Execution Plan
The strategy is based on waiting for the bearish structure to fully develop before considering any position. Confirmation remains the priority, with disciplined risk management guiding execution if price reaches the highlighted zone.
📈 Outlook
The current outlook remains bearish while the distribution structure continues to unfold. A confirmed breakdown would support the LPSY scenario, while failure to maintain bearish momentum would require a reassessment of the setup.
