Key Elements & Interpretation
1. Entry Zone
Entry Price: 3,027.00 USD
The trade seems to expect a reversal from this price level.
Price has recently tapped into this zone after a bullish move, showing potential for a sell-off from premium to discount levels.
2. Stop-Loss (S/L)
Level: 3,040.00 USD
Positioned above the recent highs and liquidity zones (denoted by "$$$"), protecting against false breakouts.
3. Take-Profit Targets
TP1: 3,000.00 USD – first major support / psychological level
TP2: 2,972.00 USD – near previous day low (PDL), a common target for liquidity
TP3: 2,957.00 USD – deeper retracement into FVG / imbalance
TP4: 2,936.00 USD – near the "Discount" zone, likely final target near weak low/liquidity pocket
SMC/Order Flow Insights
Fair Value Gap (FVG): Highlighted zones where imbalance was created — price may revisit for mitigation.
Volume Profile: Shows heavy volume around the 3,020–3,030 level, indicating institutional activity and resistance.
Trendlines: The orange descending trendline is broken, signaling potential shift or trap before reversal.
Liquidity Zone ($$$): Indicates an area where stop hunts or liquidity grabs might happen. Price action touched and respected this zone.
Trade Bias: Bearish
This is a sell setup based on:
Rejection at premium pricing
Liquidity grab above PDH
Confirmation via FVG and trendline break-retest
Volume profile showing resistance
Risk/Reward
Risk is tightly managed with SL just above liquidity
Multiple reward levels offer flexibility to scale out profits
1. Entry Zone
Entry Price: 3,027.00 USD
The trade seems to expect a reversal from this price level.
Price has recently tapped into this zone after a bullish move, showing potential for a sell-off from premium to discount levels.
2. Stop-Loss (S/L)
Level: 3,040.00 USD
Positioned above the recent highs and liquidity zones (denoted by "$$$"), protecting against false breakouts.
3. Take-Profit Targets
TP1: 3,000.00 USD – first major support / psychological level
TP2: 2,972.00 USD – near previous day low (PDL), a common target for liquidity
TP3: 2,957.00 USD – deeper retracement into FVG / imbalance
TP4: 2,936.00 USD – near the "Discount" zone, likely final target near weak low/liquidity pocket
SMC/Order Flow Insights
Fair Value Gap (FVG): Highlighted zones where imbalance was created — price may revisit for mitigation.
Volume Profile: Shows heavy volume around the 3,020–3,030 level, indicating institutional activity and resistance.
Trendlines: The orange descending trendline is broken, signaling potential shift or trap before reversal.
Liquidity Zone ($$$): Indicates an area where stop hunts or liquidity grabs might happen. Price action touched and respected this zone.
Trade Bias: Bearish
This is a sell setup based on:
Rejection at premium pricing
Liquidity grab above PDH
Confirmation via FVG and trendline break-retest
Volume profile showing resistance
Risk/Reward
Risk is tightly managed with SL just above liquidity
Multiple reward levels offer flexibility to scale out profits
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.