USTEC has reached a significant liquidity zone above resistance, offering a high-probability sell limit setup. This move suggests the market has cleared stop-losses and is poised for a bearish reversal.
Key Observations:
Liquidity Grab: The price spiked above a key resistance level, triggering stop-losses and trapping breakout buyers.
Market Structure: Signs of bearish rejections and diminishing bullish momentum indicate a potential downside move.
Optimal Entry: A sell limit at [specific price level] aligns with the liquidity sweep and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at [specific level], targeting a move downward from the liquidity zone.
Stop Loss: Above the liquidity sweep to protect against false breakouts.
Take Profit: Targeting support levels around [specific levels] for an optimal risk-reward ratio.
Risk Management:
This setup uses the liquidity grab to pinpoint a strategic entry. Ensure disciplined risk management and proper position sizing. Monitor for bearish confirmation before executing the trade.
Key Observations:
Liquidity Grab: The price spiked above a key resistance level, triggering stop-losses and trapping breakout buyers.
Market Structure: Signs of bearish rejections and diminishing bullish momentum indicate a potential downside move.
Optimal Entry: A sell limit at [specific price level] aligns with the liquidity sweep and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at [specific level], targeting a move downward from the liquidity zone.
Stop Loss: Above the liquidity sweep to protect against false breakouts.
Take Profit: Targeting support levels around [specific levels] for an optimal risk-reward ratio.
Risk Management:
This setup uses the liquidity grab to pinpoint a strategic entry. Ensure disciplined risk management and proper position sizing. Monitor for bearish confirmation before executing the trade.
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.