IO/USDT pair on a 15-minute chart, and it looks like you're using LuxAlgo Fair Value Gaps, key levels/zones, and a lot of structural plotting to identify trade opportunities.
Observations:
Current Price: ~0.799 USDT
Just Rejected: From a significant 4H bearish fair value gap (FVG) zone around 0.807–0.820
Support Zones Below: Several green zones and liquidity blocks are stacked between 0.74–0.78
Key Resistance: Around 0.810–0.820
Label “TURTLE FK”** around 0.792 suggests a prior liquidity or manipulation area (possibly a sweep zone)
What You Can Do Now:
🔴 Bearish Case (Short Bias):
If you believe the rejection from the 4H FVG holds:
Short Entry Around 0.799–0.807 (if price pulls back again)
Stop-Loss: Just above the FVG zone (e.g., 0.821)
Target 1: ~0.792 (“TURTLE” zone — potential liquidity sweep)
Target 2: ~0.774
Final Target: Deeper green liquidity area around 0.750–0.740
You could also look for a break in structure on lower timeframes for added confirmation.
🟢 Bullish Case (Long Bias):
If you think the retracement is temporary and price will reclaim the FVG:
Long Entry: Only if price reclaims above 0.807 with strong volume
Stop-Loss: Below 0.793
Target 1: 0.817 (top of the FVG)
Target 2: 0.830 (clean breakout)
Neutral Plan (If You’re Unsure):
Wait for price to decisively break above 0.807 or fall below 0.789
Consider setting alerts at:
📈 > 0.807 (bullish breakout confirmation)
📉 < 0.789 (bearish breakdown into lower liquidity zones)
Observations:
Current Price: ~0.799 USDT
Just Rejected: From a significant 4H bearish fair value gap (FVG) zone around 0.807–0.820
Support Zones Below: Several green zones and liquidity blocks are stacked between 0.74–0.78
Key Resistance: Around 0.810–0.820
Label “TURTLE FK”** around 0.792 suggests a prior liquidity or manipulation area (possibly a sweep zone)
What You Can Do Now:
🔴 Bearish Case (Short Bias):
If you believe the rejection from the 4H FVG holds:
Short Entry Around 0.799–0.807 (if price pulls back again)
Stop-Loss: Just above the FVG zone (e.g., 0.821)
Target 1: ~0.792 (“TURTLE” zone — potential liquidity sweep)
Target 2: ~0.774
Final Target: Deeper green liquidity area around 0.750–0.740
You could also look for a break in structure on lower timeframes for added confirmation.
🟢 Bullish Case (Long Bias):
If you think the retracement is temporary and price will reclaim the FVG:
Long Entry: Only if price reclaims above 0.807 with strong volume
Stop-Loss: Below 0.793
Target 1: 0.817 (top of the FVG)
Target 2: 0.830 (clean breakout)
Neutral Plan (If You’re Unsure):
Wait for price to decisively break above 0.807 or fall below 0.789
Consider setting alerts at:
📈 > 0.807 (bullish breakout confirmation)
📉 < 0.789 (bearish breakdown into lower liquidity zones)
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.