Market Structure & Key Levels
BSL (Buy Side Liquidity): Above the recent swing high – potential target where sellers' stop-losses are positioned.
SSL (Sell Side Liquidity): Below the recent minor low – stop-loss area for buyers.
FVG 1H (Fair Value Gap): Between approximately 3,020–3,040 – an area of imbalance that price may revisit before continuing in the intended direction.
Analysis & Scenario
The market has formed a recent high and is now showing signs of a potential short-term pullback.
The price may seek to collect SSL and then fill the Fair Value Gap (FVG) around the 3,020–3,040 zone.
After this liquidity sweep and FVG fill, a bullish reaction is expected, targeting a break above BSL at around 3,100.
If the bullish move gains momentum, a continuation toward 3,120+ is possible.
Key Watchpoints
Monitor how price reacts around the FVG zone (3,020–3,040).
Look for confirmation such as bullish order blocks or displacement before entering.
Watch out for scheduled economic events (USD news marked on the chart), as they may cause sudden volatility.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk, and past performance is not indicative of future results. Always conduct your own analysis and manage risk appropriately.
BSL (Buy Side Liquidity): Above the recent swing high – potential target where sellers' stop-losses are positioned.
SSL (Sell Side Liquidity): Below the recent minor low – stop-loss area for buyers.
FVG 1H (Fair Value Gap): Between approximately 3,020–3,040 – an area of imbalance that price may revisit before continuing in the intended direction.
Analysis & Scenario
The market has formed a recent high and is now showing signs of a potential short-term pullback.
The price may seek to collect SSL and then fill the Fair Value Gap (FVG) around the 3,020–3,040 zone.
After this liquidity sweep and FVG fill, a bullish reaction is expected, targeting a break above BSL at around 3,100.
If the bullish move gains momentum, a continuation toward 3,120+ is possible.
Key Watchpoints
Monitor how price reacts around the FVG zone (3,020–3,040).
Look for confirmation such as bullish order blocks or displacement before entering.
Watch out for scheduled economic events (USD news marked on the chart), as they may cause sudden volatility.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk, and past performance is not indicative of future results. Always conduct your own analysis and manage risk appropriately.
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.