🔻 Bearish Scenario
📌 Sell Entry: 1.6480-1.6550 (Institutional OB + Liquidity Grab Zone)
📌 SL: 1.6580 / 1.6600 (Above previous liquidity grab)
📌 TP1: 1.6400 (Break of structure confirmation)
📌 TP2: 1.6300 (Major SSL target)
📌 TP3: 1.6200 (Full Smart Money move)
📌 Confidence Level: HIGH 🚀
👉 Execution Plan: ✔ Wait for a rejection wick on H1/H4 at 1.6500-1.6550.
✔ Aggressive traders can set limit orders at OB (1.6480-1.6550).
✔ Look for a bearish BOS confirmation before adding more positions.
📌 Sell Entry: 1.6480-1.6550 (Institutional OB + Liquidity Grab Zone)
📌 SL: 1.6580 / 1.6600 (Above previous liquidity grab)
📌 TP1: 1.6400 (Break of structure confirmation)
📌 TP2: 1.6300 (Major SSL target)
📌 TP3: 1.6200 (Full Smart Money move)
📌 Confidence Level: HIGH 🚀
👉 Execution Plan: ✔ Wait for a rejection wick on H1/H4 at 1.6500-1.6550.
✔ Aggressive traders can set limit orders at OB (1.6480-1.6550).
✔ Look for a bearish BOS confirmation before adding more positions.
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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.