Market Overview:
Key Observations:
Trade Plan:
Confirmation Signals to Watch:
This setup aligns with Smart Money Concepts (SMC) principles, focusing on key order blocks and liquidity zones.
💬 Drop your thoughts below and follow for more trade ideas! 🚀📈 #SMC #TradingStrategy #Forex #OrderBlock #SmartMoneyConcepts
- External Range: Bearish (2651-2584)
- Internal Range: Bullish
Key Observations:
- Head & Shoulders Pattern Forming: Price is showing signs of retracing to the right shoulder around 2623.
- Liquidity Zones: Multiple 15-min Order Blocks and liquidity levels identified.
Trade Plan:
- Short Entry: Around 2623 (Right Shoulder Zone)
- Stop Loss: Above 2628
- Take Profit: Targeting lower liquidity zones around 2604, 2598, and 2593
Confirmation Signals to Watch:
- Bearish rejection at 2623
- Market structure shift on lower timeframes (5m/1m)
- Liquidity sweep above the shoulder zone
This setup aligns with Smart Money Concepts (SMC) principles, focusing on key order blocks and liquidity zones.
💬 Drop your thoughts below and follow for more trade ideas! 🚀📈 #SMC #TradingStrategy #Forex #OrderBlock #SmartMoneyConcepts
Trade active
Trade was successful, hit TP
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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.
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.