Indicates the target for potential bearish liquidity grab.

BSL (Buy-Side Liquidity):

Marked near $3,360 at the top (gray zone).

Represents an area where buy stops may be resting above recent highs.

SSL (Sell-Side Liquidity):

Marked around $3,260 at the bottom (red zone).

Indicates the target for potential bearish liquidity grab.

FVG (Fair Value Gap):

Highlighted in yellow near $3,270–$3,280.

Unfilled imbalance that may attract price.

ChoCH (Change of Character):

Two ChoCH labels are marked:

One minor bullish ChoCH around the $3,328 area indicating a short-term shift in structure.

One bearish ChoCH below $3,310, suggesting a possible return to bearish bias if broken.

Blue Supply Zone:

An area of previous supply or resistance where price may reverse.

📉
Projected Price Path:
Initial move up into the blue supply zone, possibly to induce buyers or sweep short-term highs.

Followed by a strong bearish rejection, breaking below the lower ChoCH level (~$3,310).

A drop is anticipated all the way to the SSL zone (~$3,260), possibly filling the FVG on the way.

🧠 Summary:


This chart implies a smart money bearish setup:

Short-term liquidity sweep to the upside.

Break of structure (ChoCH) to confirm reversal.

Bearish continuation targeting:

Fair Value Gap (FVG) → ~$3,270s

Sell-Side Liquidity (SSL) → ~$3,260