📊 Trade Idea Overview – Weekly Timeframe
✅ Key Technical Levels:
Demand Zone: Clearly marked between 12.00 – 13.00, showing strong historical buyer interest.
Current Price: 13.38
Fibonacci Retracement Levels: Price is reacting near the 0.705 - 0.79 zone, which often acts as a bullish reversal area.
Target Price: 18.40 — Identified as Buy-Side Liquidity Zone (BSL) and a previous significant high.
Resistance Zone: Around 18.40, where liquidity is likely to get captured by smart money.
📌 Narrative & Market Context:
Price has shown a bullish reaction from the Demand Zone, indicating accumulation or potential bottom formation.
Fibonacci confluence with demand strengthens the bullish setup.
Once price breaks above 14.00, a bullish market structure shift will be confirmed.
The chart also visualizes a projected path toward 18.40, indicating a strong bullish impulse wave ahead.
📈 Expected Price Path (as shown in chart):
Minor pullback toward 13.00 area (retest demand / Fibonacci zone).
Breakout above 14.00 – a key structural shift.
Bullish continuation toward 18.40 Buy-Side Liquidity.
📍 Trading Plan Suggestion:
Entry Zone: Between 13.00 – 13.20 (ideal demand re-entry).
Stop Loss: Below 12.00 (invalidate demand structure).
Take Profit: 18.40
Risk-Reward Ratio: Excellent (Potentially 1:3+ R:R)
✅ Key Technical Levels:
Demand Zone: Clearly marked between 12.00 – 13.00, showing strong historical buyer interest.
Current Price: 13.38
Fibonacci Retracement Levels: Price is reacting near the 0.705 - 0.79 zone, which often acts as a bullish reversal area.
Target Price: 18.40 — Identified as Buy-Side Liquidity Zone (BSL) and a previous significant high.
Resistance Zone: Around 18.40, where liquidity is likely to get captured by smart money.
📌 Narrative & Market Context:
Price has shown a bullish reaction from the Demand Zone, indicating accumulation or potential bottom formation.
Fibonacci confluence with demand strengthens the bullish setup.
Once price breaks above 14.00, a bullish market structure shift will be confirmed.
The chart also visualizes a projected path toward 18.40, indicating a strong bullish impulse wave ahead.
📈 Expected Price Path (as shown in chart):
Minor pullback toward 13.00 area (retest demand / Fibonacci zone).
Breakout above 14.00 – a key structural shift.
Bullish continuation toward 18.40 Buy-Side Liquidity.
📍 Trading Plan Suggestion:
Entry Zone: Between 13.00 – 13.20 (ideal demand re-entry).
Stop Loss: Below 12.00 (invalidate demand structure).
Take Profit: 18.40
Risk-Reward Ratio: Excellent (Potentially 1:3+ R:R)
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.