✅Market Structure: Bearish.
Clear lower highs and lower lows.
Price retraced into a premium zone after the last strong sell-off.
✅Key Elements in the Setup
1.OB (Order Block) – Blue zone:
This is the last bullish candle before a strong bearish move.
Acts as a supply zone.
Price tapped into it before reacting.
2.FVG (Fair Value Gap) – Highlighted (yellow & blue):
Imbalance in price action (inefficient movement).
You marked this as confluence — price filled the FVG and rejected.
3.Liquidity Grab (EQH):
Equal highs were taken out — classic liquidity sweep.
This hints at a manipulation before the real move.
✅Entry Trigger:
Price pushed into the OB + FVG zone.
Rejection candle + break of structure on the lower timeframe.
You entered after that shift.
✅Trade Components
Entry: After price rejects OB + FVG area.
Stop Loss: Above OB and liquidity sweep (~0.60086).
Take Profit: Into previous low (~0.59047) or a bit lower for extended target.
Risk:Reward: Very healthy, above 1:4.
✅ Confluences Supporting the Sell
Premium pricing (above 50% of swing range).
Price filled FVG + tapped OB.
Liquidity above EQH taken.
Sharp rejection from that zone.
FVG left behind on the way down = price likely to seek lower inefficiencies.
Clear lower highs and lower lows.
Price retraced into a premium zone after the last strong sell-off.
✅Key Elements in the Setup
1.OB (Order Block) – Blue zone:
This is the last bullish candle before a strong bearish move.
Acts as a supply zone.
Price tapped into it before reacting.
2.FVG (Fair Value Gap) – Highlighted (yellow & blue):
Imbalance in price action (inefficient movement).
You marked this as confluence — price filled the FVG and rejected.
3.Liquidity Grab (EQH):
Equal highs were taken out — classic liquidity sweep.
This hints at a manipulation before the real move.
✅Entry Trigger:
Price pushed into the OB + FVG zone.
Rejection candle + break of structure on the lower timeframe.
You entered after that shift.
✅Trade Components
Entry: After price rejects OB + FVG area.
Stop Loss: Above OB and liquidity sweep (~0.60086).
Take Profit: Into previous low (~0.59047) or a bit lower for extended target.
Risk:Reward: Very healthy, above 1:4.
✅ Confluences Supporting the Sell
Premium pricing (above 50% of swing range).
Price filled FVG + tapped OB.
Liquidity above EQH taken.
Sharp rejection from that zone.
FVG left behind on the way down = price likely to seek lower inefficiencies.
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.