Market Structure: Bullish structure confirmed after a Break of Structure (BOS) to the upside.
Current Price Action: Price is retracing from recent highs and is now approaching a key BRKR block area—a bullish order block zone where the original BOS initiated.
Liquidity Sweep (SSL): Sell-side liquidity (SSL) is resting just below current lows. A sweep of this level would trap sellers and potentially trigger a strong reaction.
BRKR Block Area: This zone acts as a high-probability demand area, suggesting institutional buying may step in again.
Bias: Bullish if price reacts positively from the BRKR zone after sweeping SSL. Ideal entry may occur after bullish confirmation (e.g., engulfing candle) inside the block.
Target: Retest of the recent high around 2.30–2.35, with stop loss just below the block (~2.04).
📌 Summary: Watch for a liquidity sweep + bullish reaction from the BRKR block area for a potential long setup.
Current Price Action: Price is retracing from recent highs and is now approaching a key BRKR block area—a bullish order block zone where the original BOS initiated.
Liquidity Sweep (SSL): Sell-side liquidity (SSL) is resting just below current lows. A sweep of this level would trap sellers and potentially trigger a strong reaction.
BRKR Block Area: This zone acts as a high-probability demand area, suggesting institutional buying may step in again.
Bias: Bullish if price reacts positively from the BRKR zone after sweeping SSL. Ideal entry may occur after bullish confirmation (e.g., engulfing candle) inside the block.
Target: Retest of the recent high around 2.30–2.35, with stop loss just below the block (~2.04).
📌 Summary: Watch for a liquidity sweep + bullish reaction from the BRKR block area for a potential long setup.
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.