Americana Restaurants International PLC
### **Key Observations:**
1. **Sell-Side Liquidity (SSL) Taken:**
- The price has previously swept the **sell-side liquidity** (lower stop orders), indicating a potential **reversal or accumulation phase**.
2. **Fair Value Gap (FVG) Overlapping:**
- A **bullish FVG** is visible, meaning that price might revisit this area as part of a retracement before continuing upward.
3. **Internal Liquidity Target:**
- The first **internal range liquidity (IRL)** target is around **18.67%** from the current level.
4. **Buyside Liquidity Target:**
- The **major target** is at **53.98%** from the current price, indicating a strong bullish potential move.
5. **Expected Price Movement:**
- If the price respects the **ERL (Equilibrium Range Level)** and does not drop below key liquidity levels, a **bullish continuation** could be expected toward the **FVG** and then toward the **buy-side liquidity**.
### **Potential Trading Plan:**
- **Entry:** Look for confirmation near **internal liquidity** or the FVG area.
- **Target 1:** **18.67% move** toward **internal liquidity**.
- **Target 2:** **53.98% move** toward **buy-side liquidity**.
- **Invalidation:** A break below **sell-side liquidity** could invalidate the bullish setup.
This setup suggests a possible **bullish market structure shift** if the price holds key liquidity levels. 🚀
Note
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!
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!
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.