Price rallied strongly into a bearish FVG (Fair Value Gap) around 3,335 after reclaiming demand...However, this rally lacked conviction and broke structure to the downside, forming a lower high and a weak low retest.
Ideal short setup:
Price returns into the FVG, rejects around 3,333–3,335, then shows signs of displacement downward.
First target: Break below 3,325.
Invalidation: Clean break and close above 3,336.
Bias: Short from FVG zone.
Target: 3,294 area of liquidity.
This is a classic liquidity sweep + FVG rejection setup.
Reclaim of the trendline after sweep.
Price to revisit the FVG zone around 3,335.
Final rejection and breakdown toward 3,294.
Ideal short setup:
Price returns into the FVG, rejects around 3,333–3,335, then shows signs of displacement downward.
First target: Break below 3,325.
Invalidation: Clean break and close above 3,336.
Bias: Short from FVG zone.
Target: 3,294 area of liquidity.
This is a classic liquidity sweep + FVG rejection setup.
Reclaim of the trendline after sweep.
Price to revisit the FVG zone around 3,335.
Final rejection and breakdown toward 3,294.
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Related publications
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.