Setup Overview:
- Buy Zone At the 5-min breaker block around 1.33240 (breaker block left after sweeping a previous liquidity low).
- Target:Anticipate price movement to higher liquidity areas if the breaker is respected.
- Rationale: Price has swept liquidity below the NWOG High and sharply reversed toward the 4-hour C.E at 1.33225, leaving IFVGs. A revisit to the breaker zone offers an optimal buying opportunity within the silver bullet window.
Timeframe: 5-min & 1-min Confirmation
Key Levels:
- Entry: 1.33240 (Breaker Block)
- S.L.: 1.33200
- T.P.: 1.33225 (4hr C.E)
Rationale:
- Price has swept liquidity at NWOG High (1.33100).
- A sharp move left IFVGs during the push toward the 4-hour C.E, indicating institutional footprints.
- The breaker block at 1.33240 is expected to act as a launch point for higher prices.
If price decides to target the New Week Opening Gap low we are cooked.
- Buy Zone At the 5-min breaker block around 1.33240 (breaker block left after sweeping a previous liquidity low).
- Target:Anticipate price movement to higher liquidity areas if the breaker is respected.
- Rationale: Price has swept liquidity below the NWOG High and sharply reversed toward the 4-hour C.E at 1.33225, leaving IFVGs. A revisit to the breaker zone offers an optimal buying opportunity within the silver bullet window.
Timeframe: 5-min & 1-min Confirmation
Key Levels:
- Entry: 1.33240 (Breaker Block)
- S.L.: 1.33200
- T.P.: 1.33225 (4hr C.E)
Rationale:
- Price has swept liquidity at NWOG High (1.33100).
- A sharp move left IFVGs during the push toward the 4-hour C.E, indicating institutional footprints.
- The breaker block at 1.33240 is expected to act as a launch point for higher prices.
If price decides to target the New Week Opening Gap low we are cooked.
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.