4H timeframe
Inverted chart
Looking at a short entry @ 107,000.
618 fib @ 107,400
Liquidity Zone @ 107,000 - 107,600
Take profit approx 98,000
This move would fill a Fair Value Gap a grab liquidity in the 98,000 - 100,000 price range.
Retracement worth - 7.7% from entry.
Inverted chart
Looking at a short entry @ 107,000.
618 fib @ 107,400
Liquidity Zone @ 107,000 - 107,600
Take profit approx 98,000
This move would fill a Fair Value Gap a grab liquidity in the 98,000 - 100,000 price range.
Retracement worth - 7.7% from entry.
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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.