Price is approaching a key support level, where a significant liquidity zone exists. Given the current market structure and sentiment data, a break below this level is likely to trigger stop-loss clusters from retail longs, allowing market makers to grab liquidity.
Trade Plan:
If price sweeps below support but fails to sustain lower lows, it may indicate absorption by larger players.
Confirmation will come from order flow signals such as delta divergence, aggressive buy orders stepping in, or a volume shift.
A potential buy entry will be considered only after signs of accumulation appear, ensuring alignment with institutional order flow.
Key Levels:
Support Break Zone: 1.7035 – 1.7040
Liquidity Grab Target: 1.6997 (Below recent lows)
Potential Reversal Confirmation: Above 1.7057
Execution:
Wait for liquidity sweep & failure to continue lower.
Monitor order book dynamics and sentiment shifts before entering.
Avoid premature longs until clear absorption is confirmed.
📌 Institutional Play: Let the market take liquidity before positioning with the real momentum.
Trade Plan:
If price sweeps below support but fails to sustain lower lows, it may indicate absorption by larger players.
Confirmation will come from order flow signals such as delta divergence, aggressive buy orders stepping in, or a volume shift.
A potential buy entry will be considered only after signs of accumulation appear, ensuring alignment with institutional order flow.
Key Levels:
Support Break Zone: 1.7035 – 1.7040
Liquidity Grab Target: 1.6997 (Below recent lows)
Potential Reversal Confirmation: Above 1.7057
Execution:
Wait for liquidity sweep & failure to continue lower.
Monitor order book dynamics and sentiment shifts before entering.
Avoid premature longs until clear absorption is confirmed.
📌 Institutional Play: Let the market take liquidity before positioning with the real momentum.
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.
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.