The H12 bearish OB has been broken and now acts as a bullish breaker โ a shift toward a more bullish market structure.
Currently forming equal highs just below the lower H12 swing high โ potential liquidity trap setup.
๐ Potential setup:
โ Sweep above local highs โ retrace into the H12 bullish breaker
โ Support near the range low ($10.7โ12.0) could offer a long entry.
โ If we hold the H12 OB + breaker zone, the move toward the H12 FVGs (up to $18โ19.5) stays valid.
โ ๏ธ Key levels:
โ Support: $10.7โ12.2 (bullish breaker + OB)
โ Resistance: $14.6โ15.6
โ Target: $18โ19.5
Currently forming equal highs just below the lower H12 swing high โ potential liquidity trap setup.
๐ Potential setup:
โ Sweep above local highs โ retrace into the H12 bullish breaker
โ Support near the range low ($10.7โ12.0) could offer a long entry.
โ If we hold the H12 OB + breaker zone, the move toward the H12 FVGs (up to $18โ19.5) stays valid.
โ ๏ธ Key levels:
โ Support: $10.7โ12.2 (bullish breaker + OB)
โ Resistance: $14.6โ15.6
โ Target: $18โ19.5
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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.