Currently, price is trading below the 4H descending trendline, respecting bearish structure on lower timeframe (30m).
✅ 1H Order Block (OB) marked between 3335-3340 remains a strong demand zone where price can bounce break the trendline to sweep liquidity above around 3377 to form bullish continuation.
📌 Scenarios I'm Watching:
Short-term rejection from the 4H trendline.
Potential reversal towards 1H OB.
Bullish reaction from OB could trigger a breakout above the 4H trendline.
Final upside target remains at the liquidity pool around 3377 zone ($$$).
🟣 Overall Bias: Bullish after liquidity sweep. Watching for bullish confirmation at OB before executing buys.
✅ 1H Order Block (OB) marked between 3335-3340 remains a strong demand zone where price can bounce break the trendline to sweep liquidity above around 3377 to form bullish continuation.
📌 Scenarios I'm Watching:
Short-term rejection from the 4H trendline.
Potential reversal towards 1H OB.
Bullish reaction from OB could trigger a breakout above the 4H trendline.
Final upside target remains at the liquidity pool around 3377 zone ($$$).
🟣 Overall Bias: Bullish after liquidity sweep. Watching for bullish confirmation at OB before executing buys.
Trade active
With a confirmed breakout and close above the 4H trendline, I’ve now activated my buy position. Targeting the next key liquidity zone around 3377 📍.Keeping it simple — as long as we hold above the trendline, I’ll stay in this buy setup. 📈
Trade closed: target reached
Price has successfully reached the liquidity zone around 3377, completing the trade setup. ✅Nice clean move after the breakout above the 4H trendline. Trade closed in profit! 📈
Waiting for the next setup. 👀
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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.