Price has been respecting a major ascending trendline, forming higher highs and higher lows. Currently, it looks like we’ve had a liquidity grab below the trendline, sweeping early buyers and stop losses.
I'm watching this zone closely for a potential fakeout, followed by a bullish reaction. This area aligns with:
Major ascending trendline support
Previous structure level
High-probability liquidity zone
If price reclaims the trendline with strong bullish momentum, I’ll be looking for buy confirmations to ride the next leg up. A clean rejection and break of short-term bearish structure would strengthen the setup.
Key Notes:
Buy zone highlighted
Waiting for confirmation before entry
Strong RR if price respects the zone
Invalid if price closes below the zone with strong bearish pressure
Let me know your thoughts or if you see it differently!
I'm watching this zone closely for a potential fakeout, followed by a bullish reaction. This area aligns with:
Major ascending trendline support
Previous structure level
High-probability liquidity zone
If price reclaims the trendline with strong bullish momentum, I’ll be looking for buy confirmations to ride the next leg up. A clean rejection and break of short-term bearish structure would strengthen the setup.
Key Notes:
Buy zone highlighted
Waiting for confirmation before entry
Strong RR if price respects the zone
Invalid if price closes below the zone with strong bearish pressure
Let me know your thoughts or if you see it differently!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。