1. Market Structure:
The price is in a bullish trend with a short-term consolidation between 3220–3240.
2. SSL (Sell-Side Liquidity):
Indicates where traders placed their stop-losses below recent lows. Price is expected to dip below this level to grab liquidity.
3. OB (Order Block):
Located around the 3180–3200 zone. This is a potential area where smart money may step in to buy.
4. Expected Price Movement (Blue Line):
Price dips below SSL to grab liquidity.
Taps into the OB zone.
Reverses strongly upward.
Target: BSL (Buy-Side Liquidity) near 3260.
The price is in a bullish trend with a short-term consolidation between 3220–3240.
2. SSL (Sell-Side Liquidity):
Indicates where traders placed their stop-losses below recent lows. Price is expected to dip below this level to grab liquidity.
3. OB (Order Block):
Located around the 3180–3200 zone. This is a potential area where smart money may step in to buy.
4. Expected Price Movement (Blue Line):
Price dips below SSL to grab liquidity.
Taps into the OB zone.
Reverses strongly upward.
Target: BSL (Buy-Side Liquidity) near 3260.
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.