Current Market Situation:
Current Price: 0.79579
Location: Just above the support zone and below the Order Block (OB).
Recent action: Price rejected strongly from support, showing bullish candles.
Structure: Forming a potential higher low (HL) after a BOS.
How Price Could Reach the Target From Here:
Minor Pullback Expected (Optional):
Price may first dip slightly to retest the immediate support area around 0.79530–0.79500.
This would allow for a higher low (HL) formation and trap early sellers.
Bullish Momentum Kicks In:
After the HL forms, we expect bullish continuation.
Price could form a bullish internal CHoCH or BOS (on 1m–5m TF), signaling aggressive buying from smart money.
This move would target the imbalance / inefficiency left above, which aligns with the OB zone.
Target Hit at OB / Liquidity Zone:
The projected target zone is around 0.79700–0.79750, just beneath the resistance.
This area holds liquidity above recent swing highs, making it attractive for a liquidity sweep or partial mitigation of the OB.
This is also where trapped sellers’ stop-losses might be sitting — a common smart money target.
Exit / Reversal Likely After Target:
Once price hits the OB / Target zone, it may:
Reverse (if this was just a retracement in a larger bearish trend), or
Consolidate before making a decision (continuation vs rejection).
Why It Can Reach the Target from Here:
Price has already shown a bullish reaction from the demand zone.
The structure has shifted bullish (BOS + HL forming).
There's clear inefficiency above — price often seeks to fill that imbalance.
Liquidity pool above the recent highs is a magnet for price.
In Short:
From the current level (0.79579), price is expected to:
Either dip briefly into the support (~0.79500–0.79530) or push directly,
Gain bullish momentum,
Break above short-term highs,
Tap into the target zone (~0.79700–0.79750), completing the planned move.
Current Price: 0.79579
Location: Just above the support zone and below the Order Block (OB).
Recent action: Price rejected strongly from support, showing bullish candles.
Structure: Forming a potential higher low (HL) after a BOS.
How Price Could Reach the Target From Here:
Minor Pullback Expected (Optional):
Price may first dip slightly to retest the immediate support area around 0.79530–0.79500.
This would allow for a higher low (HL) formation and trap early sellers.
Bullish Momentum Kicks In:
After the HL forms, we expect bullish continuation.
Price could form a bullish internal CHoCH or BOS (on 1m–5m TF), signaling aggressive buying from smart money.
This move would target the imbalance / inefficiency left above, which aligns with the OB zone.
Target Hit at OB / Liquidity Zone:
The projected target zone is around 0.79700–0.79750, just beneath the resistance.
This area holds liquidity above recent swing highs, making it attractive for a liquidity sweep or partial mitigation of the OB.
This is also where trapped sellers’ stop-losses might be sitting — a common smart money target.
Exit / Reversal Likely After Target:
Once price hits the OB / Target zone, it may:
Reverse (if this was just a retracement in a larger bearish trend), or
Consolidate before making a decision (continuation vs rejection).
Why It Can Reach the Target from Here:
Price has already shown a bullish reaction from the demand zone.
The structure has shifted bullish (BOS + HL forming).
There's clear inefficiency above — price often seeks to fill that imbalance.
Liquidity pool above the recent highs is a magnet for price.
In Short:
From the current level (0.79579), price is expected to:
Either dip briefly into the support (~0.79500–0.79530) or push directly,
Gain bullish momentum,
Break above short-term highs,
Tap into the target zone (~0.79700–0.79750), completing the planned move.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.