Trade Idea: - Long in the 4H FVG post-CPI wick grab, following a potential exhaustion of the ongoing short setup.
Confluence: - FVG Zone: Price retraces into the 4H Fair Value Gap, providing a strong discounted entry point. - Liquidity Grab: CPI wick likely cleared liquidity below, setting the stage for a bullish reversal. - Dynamic Support: 4H Kijun aligns with FVG, reinforcing the zone as a high-probability support.
Risk-Reward: - Tight stop-loss below the 4H FVG. - Targeting 1:2+ RRR with initial profit-taking at 20,400 and extended targets toward 20,500.
Quick Take: If CPI triggers downside liquidity sweep, this setup offers a clean bullish reversal opportunity. Watch for confirmation before entry!
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.