USTEC (NASDAQ 100) - Sell Limit Opportunity After Liquidity GrabUSTEC 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 aligns with the liquidity sweep and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at , 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 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.