Greetings Traders!
Brief Description🖊️:
Currently, I am observing bearish institutional order flow, so it’s essential to align with the market’s narrative. The market typically moves toward liquidity pools, or external range liquidity, before targeting internal range liquidity, where premium and discount zones—such as Fair Value Gaps (FVGs) and order blocks—are found. In this case, price has reached a premium breaker block and retraced into the 62%-79% Fibonacci levels, which are strong zones to anticipate a reversal.
Things I Have Seenđź‘€:
Targets:
Trade Management:
Please note, I personally aim to capture a 3R return on each move and trade exclusively during the New York afternoon session. Once the session closes, I close my positions. While you may choose your own trade management approach, always prioritize proper risk management.
What's Important Nowâť—
Look for confirmation entries at the premium breaker block, but remember to conduct your own research to validate this setup before entering.
Best Regards,
The_Architect
Brief Description🖊️:
Currently, I am observing bearish institutional order flow, so it’s essential to align with the market’s narrative. The market typically moves toward liquidity pools, or external range liquidity, before targeting internal range liquidity, where premium and discount zones—such as Fair Value Gaps (FVGs) and order blocks—are found. In this case, price has reached a premium breaker block and retraced into the 62%-79% Fibonacci levels, which are strong zones to anticipate a reversal.
Things I Have Seenđź‘€:
- Liquidity Targetingđź’§: Price moves toward external range liquidity before reversing to internal liquidity zones.
- Premium Entry Zoneđźź : The recent price leg retraced to the 62%-79% Fibonacci levels within a premium range, ideal for a sell entry.
Targets:
- Fair Value Price
- Liquidity Pool (Sell Stops)
Trade Management:
Please note, I personally aim to capture a 3R return on each move and trade exclusively during the New York afternoon session. Once the session closes, I close my positions. While you may choose your own trade management approach, always prioritize proper risk management.
What's Important Nowâť—
Look for confirmation entries at the premium breaker block, but remember to conduct your own research to validate this setup before entering.
Best Regards,
The_Architect
Note
Fair Value Target ReachedWe will continue to see if there is a further confirmation for price to reach into the relatively equal lows. I will give an update later on so as to see what I will be anticipating.
Refer:
Regards,
The_Architect
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.