This chart is a technical analysis, focusing on Smart Money Concepts (SMC) such as BOS (Break of Structure), OB (Order Block), EQH (Equal Highs), and liquidity concepts.
Chart Interpretation
BOS (Break of Structure): Indicates a shift in market direction.
OB (Order Block): Area where institutions are likely to place large buy/sell orders (potential reversal zone).
EQH (Equal Highs): Resistance level — liquidity above.
SSS (Sell-side Liquidity Sweep): Price sweeps below lows to trap sellers.
CHoCH (Change of Character): Early sign of potential trend reversal.
Green zone: Potential long/buy target area.
Red zone: Stop-loss zone — invalidation area.
Market Logic Shown
Downtrend initially with a break of structure (BOS).
Price forms Equal Highs (EQH) — potential liquidity resting above.
Market sweeps sell-side liquidity (SSS) twice, collecting stop-losses from early buyers.
A CHoCH is followed by bullish momentum — signs of reversal.
A clear Bullish Order Block (OB) is marked as potential entry zone.
Price is expected to:
Dip into the OB zone
Reject and bounce
Break above EQH to continue the uptrend
✅ Strategy Shown
Wait for price to enter the OB (3,346.78–3,344.28)
Buy (Long Entry) inside OB
Stop-loss: Below OB at 3,337.12
Take-profit: Around 3,398.
Chart Interpretation
BOS (Break of Structure): Indicates a shift in market direction.
OB (Order Block): Area where institutions are likely to place large buy/sell orders (potential reversal zone).
EQH (Equal Highs): Resistance level — liquidity above.
SSS (Sell-side Liquidity Sweep): Price sweeps below lows to trap sellers.
CHoCH (Change of Character): Early sign of potential trend reversal.
Green zone: Potential long/buy target area.
Red zone: Stop-loss zone — invalidation area.
Market Logic Shown
Downtrend initially with a break of structure (BOS).
Price forms Equal Highs (EQH) — potential liquidity resting above.
Market sweeps sell-side liquidity (SSS) twice, collecting stop-losses from early buyers.
A CHoCH is followed by bullish momentum — signs of reversal.
A clear Bullish Order Block (OB) is marked as potential entry zone.
Price is expected to:
Dip into the OB zone
Reject and bounce
Break above EQH to continue the uptrend
✅ Strategy Shown
Wait for price to enter the OB (3,346.78–3,344.28)
Buy (Long Entry) inside OB
Stop-loss: Below OB at 3,337.12
Take-profit: Around 3,398.
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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.