Bias: Bearish after liquidity grab at 1.14392
Setup: Wait for the sweep ➤ BOS ➤ Enter short
Target: 1.13600
Price is forming a range-bound consolidation, but the internal structure shows liquidity building below and above.
The market seems poised to run the 1.14392 high, grabbing buy stops above the short-term high.
After that sweep,i see a rejection and shift in order flow, setting up a bearish leg.
Key POIs :
Sweep Zone: 1.14392 (Buy-side liquidity)
Sell Target: 1.13600 zone – a clear sell-side liquidity draw
The red line marks an untapped liquidity pool, aligning with a previous support level.
Trade Idea (Short Bias) :
Let price sweep the 1.14392 high, form a bearish shift (change of character).
Ideal entry after confirmation of rejection.
Target: 1.13600
Invalidation: Clean break and close above 1.14500
Setup: Wait for the sweep ➤ BOS ➤ Enter short
Target: 1.13600
Price is forming a range-bound consolidation, but the internal structure shows liquidity building below and above.
The market seems poised to run the 1.14392 high, grabbing buy stops above the short-term high.
After that sweep,i see a rejection and shift in order flow, setting up a bearish leg.
Key POIs :
Sweep Zone: 1.14392 (Buy-side liquidity)
Sell Target: 1.13600 zone – a clear sell-side liquidity draw
The red line marks an untapped liquidity pool, aligning with a previous support level.
Trade Idea (Short Bias) :
Let price sweep the 1.14392 high, form a bearish shift (change of character).
Ideal entry after confirmation of rejection.
Target: 1.13600
Invalidation: Clean break and close above 1.14500
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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.
iSmashProfit
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.