#link long
Greetings traders! Today, we’re diving into the Chainlink/USDT pair
Market Context
Break of Structure (BOS): A shift in market dynamics around key levels indicates bearish liquidity grabs, leading to an accumulation phase.
Fair Value Gap (FVG): Price is retracing into an FVG zone near $20.42-$20.53, a potential entry for smart money looking for discounted prices.
Order Block (OB): The bearish OB near $23.50-$24.00 could act as a strong resistance for partials or reversals.
Strategy for Partial TPs:
TP1 @ $21.50
TP2 @ $22.50
TP3 @ $24.00
TP6 @ $25.71
Stop-Loss: Below $19.63, just beyond the swing low and FVG invalidation point.
Market Context
Break of Structure (BOS): A shift in market dynamics around key levels indicates bearish liquidity grabs, leading to an accumulation phase.
Fair Value Gap (FVG): Price is retracing into an FVG zone near $20.42-$20.53, a potential entry for smart money looking for discounted prices.
Order Block (OB): The bearish OB near $23.50-$24.00 could act as a strong resistance for partials or reversals.
Strategy for Partial TPs:
TP1 @ $21.50
TP2 @ $22.50
TP3 @ $24.00
TP6 @ $25.71
Stop-Loss: Below $19.63, just beyond the swing low and FVG invalidation point.
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.